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Technicals for Granules India Limited
By MusingTheNews
2025-06-13 20:35
Overall Technical outlook
Price Summary
With a -2.31% dip, Granules India Limited enjoyed a poor day in the stock market. Granules India Limited's stock started the year at 536.3, climbed to a high of 540.9, fell to 520.35, and closed -2.31% lower at 523.9, with 1673623 shares traded on 2025-06-12. The stock reached its highest price of 718.1 and lowest price of 431.1 over the last 52 weeks. The expected price range is between 565.0 and 700.0, with a mean anticipated price of 630.25, according to 8 analysts.
Technicals
Support and Resistance: The current price of 523.9 for GRANULES is supported at 516.4 and faces resistance at 583.7. These levels indicate that 516.4 could act as a floor, while 583.7 might limit any further price increases. Support/Resistance for GRANULES
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Granules India Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for Granules India Limited
Bol. Bands: The current state of the BOLL BANDS 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. Bolinger Bands chart for Granules India Limited
Parabolic SAR: The PSAR remains bullish, setting a critical support level that may help sustain the market's upward trend. This persistent bullish outlook suggests that the market is likely to continue climbing, with the support level offering a foundation for further growth. Parabolic Stop and Reverse chart for Granules India Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Granules India Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Granules India Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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