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(GOYALALUM) Goyal Aluminiums complete technical analysis [charts+indicators] | Buy/Sell Goyal Aluminiums | (GOYALALUM) share price targets

Complete technical analysis of Goyal Aluminiums (GOYALALUM) by charts plus indicators, forecast predictions and share price targets for Goyal Aluminiums (GOYALALUM)

Showing technical analysis as on 2024-12-05 View latest technical analysis

10 day averaged volume of Goyal Aluminiums is 192146

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	10.21	10.30	10.64	9.97	3.39 times
04 Wed Dec 2024	10.10	10.18	10.30	10.03	1.483 times
03 Tue Dec 2024	9.97	10.02	10.09	9.88	0.997 times
02 Mon Dec 2024	9.88	9.93	10.05	9.74	1.905 times
29 Fri Nov 2024	9.73	9.83	9.84	9.60	0.652 times
28 Thu Nov 2024	9.67	9.68	9.85	9.58	0.737 times
27 Wed Nov 2024	9.62	9.90	9.95	9.51	0.868 times
26 Tue Nov 2024	9.87	9.98	10.00	9.78	0.691 times
25 Mon Nov 2024	9.78	9.65	9.88	9.65	0.903 times
22 Fri Nov 2024	9.55	9.67	9.84	9.51	0.61 times

Stock of Goyal Aluminiums (GOYALALUM) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 10.3, for a target of 10 or 9.79

Share price targets for Goyal Aluminiums (GOYALALUM)

Target Type	Value
Downside Target	8.81
Downside Target	9.42
Downside Target	10.00
Downside Target	10.14
Downside Target	10.20
Upside Target	10.64
Upside Target	10.70
Upside Target	10.89
Upside Target	11.46

Intraday share price targets for Goyal Aluminiums (GOYALALUM)

Target Type	Value
Downside Intraday Target	9.75
Downside Intraday Target	9.3
Upside Intraday Target	10.65
Upside Intraday Target	11.1
Downside Intraday Target	10.2

Weekly technical analysis of Goyal Aluminiums (GOYALALUM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	10.21	9.93	10.64	9.74	2.018 times
29 Fri Nov 2024	9.73	9.65	10.00	9.51	0.902 times
22 Fri Nov 2024	9.55	9.50	10.14	9.46	1.127 times
14 Thu Nov 2024	9.48	10.09	10.20	9.42	0.64 times
08 Fri Nov 2024	9.86	10.50	10.70	9.51	0.78 times

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

Monthly technical analysis of Goyal Aluminiums (GOYALALUM)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	10.21	9.93	10.64	9.74	0.41 times
29 Fri Nov 2024	9.73	10.50	10.70	9.42	0.538 times
31 Thu Oct 2024	10.01	11.14	11.46	8.81	0.737 times
30 Mon Sep 2024	10.78	9.50	10.89	8.96	1.942 times

Scroll below to view daily charts

Price has moved up 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 Goyal Aluminiums (GOYALALUM)

Price action analysis of Goyal Aluminiums ( (GOYALALUM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Goyal Aluminiums ( (GOYALALUM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Goyal Aluminiums ( (GOYALALUM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Goyal Aluminiums stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Goyal Aluminiums Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Goyal Aluminiums in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Goyal Aluminiums is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 9.94 and Goyal Aluminiums (GOYALALUM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Goyal Aluminiums (GOYALALUM) stock. Volume based technical analysis of Goyal Aluminiums (GOYALALUM) stock is negative.

Goyal Aluminiums Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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