Stock analysis Gujarat Mineral Development Corporation Limited GMDCLTD

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Moving Averages for Gujarat Mineral Development Corporation Limited

5Day Average: 274.57
12Day Average: 269.06
20Day Average: 262.68
50Day Average: 276.16
100Day Average: 304.65
150Day Average: 322.28
200Day Average: 338.96

GMDCLTD Indicators & signals

Indicator MACD (12,26,9)

270.19, 268.28, -2.23
Indicator MACD is in positive zone

Indicator ADX (14)

19.7, 27.29, 18.31
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GMDCLTD Gujarat Mineral Development Corporation Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
03 Thu Apr 2025	288.25	274.10 to 289.85	3.26%	1.08 times
02 Wed Apr 2025	279.15	267.65 to 282.20	1.75%	0.85 times
01 Tue Apr 2025	274.35	265.85 to 275.65	3.44%	0.83 times
28 Fri Mar 2025	265.22	264.10 to 272.40	-0.26%	0.91 times
27 Thu Mar 2025	265.90	259.10 to 267.85	1.98%	1.13 times
26 Wed Mar 2025	260.73	258.20 to 270.00	-1.84%	0.83 times
25 Tue Mar 2025	265.63	265.00 to 278.76	-3.36%	0.71 times
24 Mon Mar 2025	274.87	269.80 to 279.99	1.16%	1.21 times
21 Fri Mar 2025	271.71	266.30 to 279.40	1.63%	1.48 times
20 Thu Mar 2025	267.35	264.38 to 274.00	1.43%	1.07 times
19 Wed Mar 2025	263.58	253.18 to 264.90	4.63%	0.99 times
18 Tue Mar 2025	251.92	247.48 to 253.44	2.15%	0.67 times

Technical analysis forecast of Gujarat Mineral Development Corporation Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Gujarat Mineral Development Corporation Limited GMDCLTD at this time. Stock is rising and might rise more.

It appears as if Gujarat Mineral Development Corporation Limited GMDCLTD gave a large move recently.

Stock of Gujarat Mineral Development Corporation Limited (GMDCLTD) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for Gujarat Mineral Development Corporation Limited 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 291.7, for a target of 278.6 or 267.77

More indepth analysis on MunafaSutra.com