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Technicals for Godawari Power & Ispat Limited
By MusingTheNews
2025-06-13 20:34
Overall Technical outlook
Price Summary
Godawari Power & Ispat Limited's stock started trading at 190.8 on 2025-06-12, climbed to 191.52, fell to 186.0, and closed -1.89% down at 187.2, with 1004499 shares traded. The stock's highest value over the last 52 weeks is 235.58, and the lowest value is 151.53.
Technicals
Support and Resistance: The current price for GPIL is 187.2, supported at 181.75 with resistance at 193.69. This indicates a trading range where 181.75 might prevent further declines, while 193.69 could hinder additional gains. Support/Resistance for GPIL
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for Godawari Power & Ispat Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Godawari Power & Ispat Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Godawari Power & Ispat Limited
Stochastic: The K-line has crossed above the D-line on the stochastic indicator while remaining below 20, indicating a potential bullish move. This setup is often viewed as a signal that the market might begin to rise from a low point, potentially marking the start of an upward trend. Investors might see this as an early entry opportunity. Stochastic chart for Godawari Power & Ispat Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for GPIL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Tripple SMA chart for Godawari Power & Ispat Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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