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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 2024-03-21 View latest technical analysis

10 day averaged volume of Godawari Power is 510877

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	674.85	669.00	684.75	669.00	0.497 times
20 Wed Mar 2024	665.15	665.00	683.60	658.00	0.805 times
19 Tue Mar 2024	665.95	669.95	685.00	663.00	0.764 times
18 Mon Mar 2024	672.75	699.00	706.05	664.00	0.803 times
15 Fri Mar 2024	695.70	694.60	720.00	680.55	3.017 times
14 Thu Mar 2024	692.25	695.20	713.85	679.00	0.835 times
13 Wed Mar 2024	691.25	704.75	714.65	663.85	1.489 times
12 Tue Mar 2024	704.85	730.80	741.00	701.25	0.557 times
11 Mon Mar 2024	730.80	749.90	759.00	725.00	0.474 times
07 Thu Mar 2024	744.85	749.10	758.90	738.75	0.446 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 687.8, but if it comes above 687.8, then a intra day buy could be more profitable.
If you take a sell trade below 687.8, then use 687.8 as stoploss and 641.9 as target. However if you take a buy trade in stock , then use 687.8 as stoploss and 725.93 as target.

Share price targets for Godawari Power (GPIL)

Target Type	Value
Downside Target	596.00
Downside Target	658.00
Upside Target	694.35
Upside Target	759.00
Upside Target	765.00
Upside Target	769.00
Upside Target	777.65
Upside Target	785.00
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	653.22
Downside Intraday Target	631.58
Upside Intraday Target	701.27
Upside Intraday Target	727.68
Upside Intraday Target	679.63

Weekly technical analysis of Godawari Power (GPIL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	674.85	699.00	706.05	658.00	0.45 times
15 Fri Mar 2024	695.70	749.90	759.00	663.85	2.991 times
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

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
21 Thu Mar 2024	674.85	758.00	777.65	658.00	0.629 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 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 Godawari Power (GPIL)

Price action analysis of Godawari Power ( (GPIL) ) based on a short 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 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 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 Godawari Power stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Godawari Power Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Godawari Power in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 691.36 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.