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(GodrejInd) Godrej Ind complete technical analysis [charts+indicators] | Buy/Sell Godrej Ind | (GodrejInd) share price targets

Complete technical analysis of Godrej Ind (GodrejInd) by charts plus indicators, forecast predictions and share price targets for Godrej Ind (GodrejInd)

Showing technical analysis as on 2022-05-04 View latest technical analysis

10 day averaged volume of Godrej Ind is 6632

Date Daily Closing Price Open High Low Volume
04 Wed May 2022 482.50 488.00 492.80 481.00 26.188 times
02 Mon May 2022 486.85 492.00 492.00 480.40 1.227 times
29 Fri Apr 2022 492.95 494.60 497.95 491.00 0.441 times
28 Thu Apr 2022 495.55 491.05 501.20 485.00 0.8 times
27 Wed Apr 2022 487.15 485.00 491.05 483.05 0.668 times
26 Tue Apr 2022 488.40 486.00 490.75 480.55 1.178 times
25 Mon Apr 2022 482.00 490.50 497.20 480.40 1.148 times
22 Fri Apr 2022 496.10 500.10 502.95 493.00 1.469 times
21 Thu Apr 2022 502.20 494.05 505.00 491.45 0.778 times
20 Wed Apr 2022 492.70 489.00 498.05 488.85 1.24 times

Stock of Godrej Ind (GodrejInd) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 485, but if it comes above 485, then a intra day buy could be more profitable.
If you take a sell trade below 485, then use 485 as stoploss and 477.2 as target. However if you take a buy trade in stock , then use 485 as stoploss and 491.49 as target.

Share price targets for Godrej Ind (GodrejInd)

Target Type Value
Downside Target 450.00
Downside Target 466.70
Upside Target 501.20
Upside Target 505.00
Upside Target 509.20
Upside Target 513.00
Upside Target 524.80
Upside Target 597.00
Upside Target 623.55
Upside Target 661.55

Intraday share price targets for Godrej Ind (GodrejInd)

Target Type Value
Downside Intraday Target 477.67
Downside Intraday Target 472.83
Upside Intraday Target 490.07
Upside Intraday Target 497.63
Upside Intraday Target 485.23

Weekly technical analysis of Godrej Ind (GodrejInd)

Date Weekly Closing Price Open High Low Volume
04 Wed May 2022 482.50 492.00 492.80 480.40 6.474 times
29 Fri Apr 2022 492.95 490.50 501.20 480.40 0.728 times
22 Fri Apr 2022 496.10 496.15 505.00 480.00 0.354 times
13 Wed Apr 2022 499.25 497.75 513.00 487.05 0.938 times
08 Fri Apr 2022 487.95 479.80 509.20 473.10 1.14 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Godrej Ind (GodrejInd)

Date Monthly Closing Price Open High Low Volume
04 Wed May 2022 482.50 492.00 492.80 480.40 0.591 times
29 Fri Apr 2022 492.95 470.00 513.00 466.70 1.302 times
31 Thu Mar 2022 463.05 519.85 524.80 450.00 0.984 times
28 Mon Feb 2022 519.80 613.40 623.55 475.00 1.127 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Godrej Ind (GodrejInd)

Indicator Name Indicator Value Indicator Signal
ADX 17, 21, 10 Sell
MACD -10, -11Buy
Stochastics 29Sell
CCI -81Sell
RSI 56Buy
OBV -34370Sell
VWAP 485Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Godrej Ind ( (GodrejInd) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Godrej Ind ( (GodrejInd) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Godrej Ind ( (GodrejInd) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Godrej Ind ( (GodrejInd) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Godrej Ind stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Godrej Ind in short term but the buy signal is initial and weak.

Godrej Ind Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Godrej Ind in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Godrej Ind is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 484.71 and Godrej Ind (GodrejInd) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Godrej Ind (GodrejInd) stock. Volume based technical analysis of Godrej Ind (GodrejInd) stock is negative.

Godrej Ind Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Godrej Ind charts

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Daily charts

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Daily chart

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