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Technicals for Godawari Power & Ispat Limited
By MusingTheNews
2026-02-02 20:35
Overall Technical outlook
Price Summary
On 2026-02-02, Godawari Power & Ispat Limited's stock opened at 247.55, peaked at 251.9, hit a low of 238.8, and closed 0.36% up at 248.45, with 1810016 shares changing hands. Throughout the 52-week period, the stock hit a high of 283.74 and a low of 151.53.
Technicals
Support and Resistance: At 248.45, the price for GPIL is supported at 243.03 and resisted at 258.95. This indicates a trading range where 243.03 serves as a support level, potentially preventing further decline, while 258.95 could limit upward movement. Support/Resistance for GPIL
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Godawari Power & Ispat Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Godawari Power & Ispat Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Godawari Power & Ispat Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Godawari Power & Ispat Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Godawari Power & Ispat Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for GPIL, with no strong trend emerging. Tripple SMA chart for Godawari Power & Ispat Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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