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(GODREJIND) Godrej Industries complete technical analysis [charts+indicators] | Buy/Sell Godrej Industries | (GODREJIND) share price targets

Complete technical analysis of Godrej Industries (GODREJIND) by charts plus indicators, forecast predictions and share price targets for Godrej Industries (GODREJIND)

Godrej Industries trades in NSE in Commodity Chemicals sector.

Showing technical analysis as on 2024-05-16 View latest technical analysis

10 day averaged volume of Godrej Industries is 691554

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	797.20	803.85	804.50	792.75	0.17 times
15 Wed May 2024	799.50	810.00	810.00	796.90	0.193 times
14 Tue May 2024	802.75	827.20	832.90	798.00	0.468 times
13 Mon May 2024	825.75	826.05	833.95	805.45	0.179 times
10 Fri May 2024	822.60	835.00	845.80	810.10	0.239 times
09 Thu May 2024	838.60	860.00	867.15	830.00	0.301 times
08 Wed May 2024	864.05	874.55	875.35	860.25	0.233 times
07 Tue May 2024	878.35	880.00	899.00	860.60	0.56 times
06 Mon May 2024	885.30	876.65	895.60	860.10	1.076 times
03 Fri May 2024	868.75	895.95	902.50	865.00	1.357 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 815.9, but if it comes above 815.9, then a intra day buy could be more profitable.
If you take a sell trade below 815.9, then use 815.9 as stoploss and 769.4 as target. However if you take a buy trade in stock , then use 815.9 as stoploss and 854.7 as target.

Share price targets for Godrej Industries (GODREJIND)

Target Type	Value
Downside Target	724.20
Downside Target	750.00
Downside Target	769.40
Downside Target	792.75
Upside Target	830.00
Upside Target	862.10
Upside Target	877.95
Upside Target	899.00
Upside Target	908.85
Upside Target	911.95
Upside Target	968.00
Upside Target	990.00

Intraday share price targets for Godrej Industries (GODREJIND)

Target Type	Value
Downside Intraday Target	781.98
Downside Intraday Target	766.77
Upside Intraday Target	823.18
Upside Intraday Target	849.17
Upside Intraday Target	807.97

Weekly technical analysis of Godrej Industries (GODREJIND)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	797.20	826.05	833.95	792.75	0.419 times
10 Fri May 2024	822.60	876.65	899.00	810.10	0.227 times
03 Fri May 2024	868.75	879.00	990.00	862.10	6.293 times
26 Fri Apr 2024	871.00	844.95	877.95	830.55	1.156 times
19 Fri Apr 2024	829.65	827.00	875.00	796.55	0.808 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 Godrej Industries (GODREJIND)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu May 2024	797.20	970.00	990.00	792.75	1.099 times
30 Tue Apr 2024	960.60	790.00	968.00	769.40	2.811 times
28 Thu Mar 2024	782.45	805.00	830.00	724.20	0.287 times
29 Thu Feb 2024	801.00	899.90	911.95	776.20	0.452 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 Industries (GODREJIND)

Price action analysis of Godrej Industries ( (GODREJIND) ) 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 Godrej Industries ( (GODREJIND) ) 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 Godrej Industries ( (GODREJIND) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Godrej Industries stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Godrej Industries in short term and the sell signal is strong.

Godrej Industries 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 Industries 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 positive zone. This is a BUY zone

Stock of Godrej Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 855.74 and Godrej Industries (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 Industries (GODREJIND) stock. Volume based technical analysis of Godrej Industries (GODREJIND) stock is negative.

Godrej Industries Stock has given negative 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.