An engaging overview of the latest fintech and digital banking trends —...
Technicals for Godrej Industries Limited
By MusingTheNews
2026-02-02 20:35
Overall Technical outlook
Price Summary
On 2026-02-02, GODREJIND's stock began at 985.2, peaked at 995.5, dipped to 955.3, and closed up 0.56% at 990.7, with a volume of 39878 shares. The stock's peak price over the last 52 weeks is 1359.5, with the lowest being 800.7.
Technicals
Support and Resistance: With the current price at 990.7, support is found at 967.7 and resistance at 1022.3. These levels indicate where buyers might step in at 967.7, while sellers could limit gains at 1022.3, defining a trading boundary for Godrej Industries Limited. Support/Resistance for GODREJIND
Aroon: The AROON 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. Aroon chart for Godrej Industries Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for Godrej Industries Limited
Parabolic SAR: The PSAR maintains its bearish outlook, setting a resistance level that could act as a ceiling for upward momentum. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping prices subdued. Parabolic Stop and Reverse chart for Godrej Industries Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Godrej Industries Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the potential for a reversal is hinted at by the slopes of the shorter-term averages. These faster-moving averages show signs of weakening momentum, indicating that while the overall trend is still upward, a reversal could be approaching. Tripple SMA chart for Godrej Industries Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An investor-focused analysis of how 2025 tariffs are reaching consumers in 2026,...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.