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Technicals for Godrej Industries Limited
By MusingTheNews
2025-04-25 20:35
Overall Technical outlook
Price Summary
The stock of GODREJIND sank -4.02% today, reflecting a lousy market performance. On 2025-04-25, GODREJIND's stock started at 1145.0, reached a high of 1146.8, fell to 1080.7, and ended -4.02% lower at 1099.0, with 122845 shares traded. The highest price the stock achieved in the past 52 weeks is 1238.05, while the lowest price it saw is 786.75.
Technicals
Support and Resistance: The current price of 1099.0 for GODREJIND is supported at 1028.95 and faces resistance at 1102.9. These levels indicate that 1028.95 could act as a floor, while 1102.9 might limit any further price increases. Support/Resistance for GODREJIND
Aroon: The current state of the AROON 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. Aroon chart for Godrej Industries Limited
Bol. Bands: The current state of the BOLL BANDS 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. Bolinger Bands chart for Godrej Industries Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Godrej Industries Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Stochastic chart for Godrej Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Tripple SMA chart for Godrej Industries Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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