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Technicals for Godrej Industries Limited
By MusingTheNews
2025-06-13 20:35
Overall Technical outlook
Price Summary
On 2025-06-12, Godrej Industries Limited's stock began at 1282.6, peaked at 1302.9, declined to 1276.1, and ended the day 0.77% higher at 1292.5, with 166869 shares traded. The peak price for the stock in the past 52 weeks is 1359.5, with the lowest price being 799.35.
Technicals
Support and Resistance: The price for GODREJIND at 1292.5 finds support at 1237.65 and resistance at 1359.5. This suggests a trading range, where 1237.65 serves as a support level and 1359.5 acts as a resistance point, potentially capping further gains. Support/Resistance for GODREJIND
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for Godrej Industries Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Godrej Industries Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Godrej Industries Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for GODREJIND. 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 showing a neutral stance, with no definitive indication of an upward or downward trend for GODREJIND. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Godrej Industries Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that the bearish momentum is starting to weaken for Godrej Industries Limited. This could be an early sign of a potential bullish reversal, as the market's downward trend loses strength, possibly leading to a shift towards more positive price action. Tripple SMA chart for Godrej Industries Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
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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