Overall Technical outlook

Price Summary

Gujarat Mineral Development Corporation Limited had a lacklustre day at the stock market, and its shares tumbled -4.04%.
Gujarat Mineral Development Corporation Limited's stock, on 2025-10-17 opened at 591.0, climbed to a high of 592.5, dropped to a low of 563.7, and closed up -4.04% at 567.1, with 2989428 shares traded.
The stock reached its highest price of 630.3 and lowest price of 238.38 over the last 52 weeks.

Technicals

Support and Resistance: The current price of 567.1 for GMDCLTD is supported at 560.35 and faces resistance at 627.4. These levels indicate that 560.35 could act as a floor, while 627.4 might limit any further price increases.
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Support/Resistance for GMDCLTD


Aroon: The AROON indicator is showing a strong bearish trend, with Aroon Down rising and the Aroon Oscillator staying low. This suggests that the downward trend is likely to continue, indicating sustained bearish momentum in the market. The persistence of the Aroon Oscillator at a low level reinforces the expectation of ongoing declines.
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Aroon chart for Gujarat Mineral Development Corporation 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.
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Bolinger Bands chart for Gujarat Mineral Development Corporation Limited


Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher.
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Parabolic Stop and Reverse chart for Gujarat Mineral Development Corporation Limited


Stochastic: The Stochastic K-line's descent below the D-line and under 20 suggests a mildly bearish outlook for GMDCLTD. This indicates that the market may face some pressure to the downside, though the bearish tone is moderate. Investors should consider this as a potential early warning sign.
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Stochastic chart for Gujarat Mineral Development Corporation Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that this bearish momentum might be fading. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move.
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Tripple SMA chart for Gujarat Mineral Development Corporation Limited


Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.