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Technicals for Godrej Consumer Products Limited
By MusingTheNews
2025-06-13 20:35
Overall Technical outlook
Price Summary
On 2025-06-12, GODREJCP's stock opened at 1225.0, reached a peak of 1225.9, dropped to 1200.1, and ended -1.72% down at 1203.9, with a volume of 645363 shares. In the last 52 weeks, the stock's top price was 1516.7 and the bottom price was 990.25. 35 analysts forecast that the price of GODREJCP will range from 1053.0 to 1500.0, with an average expected price near 1359.9143.
Technicals
Support and Resistance: At 1203.9, the price is held up by support at 1187.75 and faces resistance at 1262.1 for GODREJCP. This suggests a trading range where 1187.75 provides a base and 1262.1 limits upward movement. Support/Resistance for GODREJCP
Aroon: Aroon's bearish trend remains intact, with Aroon Down consistently at the 100 level. This ongoing downward momentum requires additional analysis using other indicators to assess its potential future effects. Aroon chart for Godrej Consumer Products Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Godrej Consumer Products Limited
Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains. Parabolic Stop and Reverse chart for Godrej Consumer Products Limited
Stochastic: With the Stochastic K-line below the D-line and under 20, the market shows a mildly bearish trend. This setup suggests possible downward movement, though the bearish sentiment is relatively mild. Traders should keep this in mind and watch for further developments. Stochastic chart for Godrej Consumer Products Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Godrej Consumer Products Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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