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(GPIL) Godawari Power complete technical analysis [charts+indicators] | Buy/Sell Godawari Power | (GPIL) share price targets

Complete technical analysis of Godawari Power (GPIL) by charts plus indicators, forecast predictions and share price targets for Godawari Power (GPIL)

Godawari Power trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2024-03-07 View latest technical analysis

10 day averaged volume of Godawari Power is 258224

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	744.85	749.10	758.90	738.75	0.882 times
06 Wed Mar 2024	749.30	759.45	763.00	735.70	1.605 times
05 Tue Mar 2024	758.00	763.65	768.60	751.50	0.74 times
04 Mon Mar 2024	764.55	775.00	777.65	755.50	0.988 times
02 Sat Mar 2024	768.75	762.70	774.90	762.70	0.101 times
01 Fri Mar 2024	768.40	758.00	770.00	746.95	1.231 times
29 Thu Feb 2024	741.70	741.00	749.55	725.10	1.19 times
28 Wed Feb 2024	741.90	750.00	750.00	725.45	0.946 times
27 Tue Feb 2024	735.70	776.05	779.85	731.10	1.758 times
26 Mon Feb 2024	772.15	785.00	785.00	770.00	0.756 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 746.4, but if it comes above 746.4, then a intra day buy could be more profitable.
If you take a sell trade below 746.4, then use 746.4 as stoploss and 726.2 as target. However if you take a buy trade in stock , then use 746.4 as stoploss and 763.23 as target.

Share price targets for Godawari Power (GPIL)

Target Type	Value
Downside Target	596.00
Downside Target	670.00
Downside Target	694.35
Downside Target	716.00
Upside Target	765.00
Upside Target	777.65
Upside Target	785.00
Upside Target	795.00
Upside Target	800.00
Upside Target	824.00
Upside Target	844.40

Intraday share price targets for Godawari Power (GPIL)

Target Type	Value
Downside Intraday Target	727.82
Downside Intraday Target	710.78
Upside Intraday Target	769.77
Upside Intraday Target	794.68
Upside Intraday Target	752.73

Weekly technical analysis of Godawari Power (GPIL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	744.85	775.00	777.65	735.70	0.705 times
02 Sat Mar 2024	768.75	785.00	785.00	725.10	0.916 times
23 Fri Feb 2024	779.80	800.00	824.00	769.00	0.915 times
16 Fri Feb 2024	768.80	795.00	795.00	716.00	0.402 times
09 Fri Feb 2024	783.95	756.40	844.40	747.75	3.254 times

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

Monthly technical analysis of Godawari Power (GPIL)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	744.85	758.00	777.65	735.70	0.146 times
29 Thu Feb 2024	741.70	762.05	844.40	716.00	1.264 times
31 Wed Jan 2024	761.60	758.00	800.00	694.35	0.849 times
29 Fri Dec 2023	756.85	687.75	765.00	670.00	0.954 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 Godawari Power (GPIL)

Price action analysis of Godawari Power ( (GPIL) ) 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 Godawari Power ( (GPIL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Godawari Power ( (GPIL) ) based on a short to mid 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.

Price action analysis of Godawari Power ( (GPIL) ) 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 Godawari Power stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Godawari Power in short term but the sell signal is initial and weak.

Godawari Power Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Godawari Power 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Godawari Power is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 751.3 and Godawari Power (GPIL) 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 Godawari Power (GPIL) stock. Volume based technical analysis of Godawari Power (GPIL) stock is negative.

Godawari Power 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.