(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)
Intraday share price targets for Godrej Ind (GodrejInd)
|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|
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.