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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 2024-03-22 View latest technical analysis

10 day averaged volume of Godawari Power is 494831

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	682.15	675.90	692.45	672.65	0.501 times
21 Thu Mar 2024	674.85	669.00	684.75	669.00	0.513 times
20 Wed Mar 2024	665.15	665.00	683.60	658.00	0.831 times
19 Tue Mar 2024	665.95	669.95	685.00	663.00	0.789 times
18 Mon Mar 2024	672.75	699.00	706.05	664.00	0.829 times
15 Fri Mar 2024	695.70	694.60	720.00	680.55	3.115 times
14 Thu Mar 2024	692.25	695.20	713.85	679.00	0.862 times
13 Wed Mar 2024	691.25	704.75	714.65	663.85	1.537 times
12 Tue Mar 2024	704.85	730.80	741.00	701.25	0.575 times
11 Mon Mar 2024	730.80	749.90	759.00	725.00	0.489 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 683.8, but if it comes above 683.8, then a intra day buy could be more profitable.
If you take a sell trade below 683.8, then use 683.8 as stoploss and 639.2 as target. However if you take a buy trade in stock , then use 683.8 as stoploss and 721.05 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	658.08
Downside Intraday Target	634.02
Upside Intraday Target	706.13
Upside Intraday Target	730.12
Downside Intraday Target	682.07

Weekly technical analysis of Godawari Power (GPIL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	682.15	699.00	706.05	658.00	0.526 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
22 Fri Mar 2024	682.15	758.00	777.65	658.00	0.654 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

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

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 688.45 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.