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Technicals for Grindwell Norton Limited
By MusingTheNews
2025-05-30 20:36
Overall Technical outlook
Price Summary
Grindwell Norton Limited's stock opened at 1806.5 on 2025-05-29, surged to 1806.5, dropped to 1770.0, and ended -1.46% down at 1780.2, with 15480 shares traded. The stock's highest value over the last 52 weeks is 2950.95, and the lowest value is 1406.05. The anticipated price is forecasted to be between 1506.0 and 2130.0, with an average price expectation of 1825.5, based on input from 4 analysts.
Technicals
Support and Resistance: The price of 1780.2 is supported at 1694.6 and capped by resistance at 1794.15. These levels mark key points for Grindwell Norton Limited where the price could find stability, with 1694.6 as a floor and 1794.15 as a ceiling. Support/Resistance for GRINDWELL
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for GRINDWELL. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Grindwell Norton Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Grindwell Norton Limited
Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong. Parabolic Stop and Reverse chart for Grindwell Norton Limited
Stochastic: The stochastic indicator for GRINDWELL reflects a bullish outlook, with the K-line positioned above the D-line and surpassing the 80 mark. This setup suggests strong upward momentum, implying that the market may continue to rise. Investors may interpret this as a positive signal for further gains. Stochastic chart for Grindwell Norton Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Tripple SMA chart for Grindwell Norton Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
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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