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Technicals for Grindwell Norton Limited
By MusingTheNews
2025-06-13 20:35
Overall Technical outlook
Price Summary
Grindwell Norton Limited's stock opened at 1810.0 on 2025-06-12, surged to a high of 1838.8, hit a low of 1791.2, and closed up 0.76% at 1823.7, with 47388 shares traded. The stock's peak price over the last 52 weeks is 2950.95, with the lowest being 1406.05. According to 4 analysts, the price of GRINDWELL in the future is projected to be between 1506.0 and 2130.0, with an average expected price of 1831.25.
Technicals
Support and Resistance: The current price is 1823.7, with support at 1794.15 and resistance at 1869.65. This range suggests that the price might move between these levels, with 1794.15 offering support and 1869.65 capping further gains for Grindwell Norton Limited. Support/Resistance for GRINDWELL
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 Grindwell Norton Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Grindwell Norton Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Grindwell Norton Limited
Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for GRINDWELL. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Grindwell Norton Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for GRINDWELL. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Grindwell Norton Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 period moving averages points to a bearish trend, signaling continued downward pressure. Yet, the slower SMAs are starting to lose steam, which may suggest a potential pivot. This weakening of the bearish trend could be an early sign that the market is preparing to shift towards a bullish direction, with a possible reversal on the horizon. Tripple SMA chart for Grindwell Norton Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
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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