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Technicals for Graphite India Limited
By MusingTheNews
2025-05-30 20:36
Overall Technical outlook
Price Summary
GRAPHITE's shares experienced a significant 3.13% increase, indicating a stellar market performance. On 2025-05-29, Graphite India Limited's stock opened at 536.45, reached a high of 559.0, dropped to a low of 532.4, and closed higher 3.13% at 553.25, with a trading volume of 2872255 shares. The top price for the stock in the last 52 weeks is 608.3, with the bottom price being 374.45.
Technicals
Support and Resistance: At 553.25, the price is supported at 529.9 and faces resistance at 570.3. This range suggests that the price for GRAPHITE might stay between these levels, with 529.9 acting as a floor and 570.3 as a ceiling. Support/Resistance for GRAPHITE
Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Aroon chart for Graphite India Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for Graphite India Limited
Parabolic SAR: The PSAR remains bullish, setting a strong support level that could underpin further upward movement. This persistent bullish outlook suggests that the market may continue its positive trajectory, with the established support acting as a safety net. Parabolic Stop and Reverse chart for Graphite India Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for GRAPHITE. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Graphite India Limited
Tripple Moving Agerage: The moving averages for the 20, 50, and 100 periods are aligned in a bearish trend, reflecting ongoing downward momentum. However, the slower SMAs appear to be losing steam, which might indicate a potential shift. This weakening of the bearish trend could suggest that the market is nearing a pivot towards a bullish direction, with a possible reversal in the near future. Tripple SMA chart for Graphite India Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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