Overall Technical outlook

Price Summary

Gujarat Mineral Development Corporation Limited's stock fell -2.21% today, marking a poor performance in the market.
Gujarat Mineral Development Corporation Limited's stock opened at 413.4 on 2025-06-12, surged to 414.6, hit a low of 401.0, and closed up -2.21% at 404.25, with 1779524 shares traded.
For the 52-week period, the stock's highest price is 422.9, and the lowest price is 238.38.

Technicals

Support and Resistance: The price of 404.25 is supported at 356.55 and faces resistance at 410.75. This range suggests key levels for GMDCLTD where the price may stabilize, with 356.55 acting as a support and 410.75 as a cap on gains.
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Support/Resistance for GMDCLTD


Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Aroon chart for Gujarat Mineral Development Corporation Limited


Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
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Bolinger Bands chart for Gujarat Mineral Development Corporation 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.
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Parabolic Stop and Reverse chart for Gujarat Mineral Development Corporation Limited


Stochastic: The stochastic indicator shows the K-line dropping below the D-line but staying above 80, indicating the possible start of a bearish price move. This setup may signal that the market's recent momentum is waning, which could result in a downturn. Traders should remain vigilant for additional signs of weakness for Gujarat Mineral Development Corporation Limited.
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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, indicating a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that this bearish momentum might be fading. This could be an early indication of a potential bullish reversal, as the market's current downward trend loses strength and prepares for a possible shift towards more positive price action.
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Tripple SMA chart for Gujarat Mineral Development Corporation Limited


To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.