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Stock analysis Godavari Biorefineries L GODAVARIB

More indepth analysis on MunafaSutra.com

Moving Averages for Godavari Biorefineries L

  • 5Day Average: 240.98
  • 12Day Average: 249.75
  • 20Day Average: 262.35
  • 50Day Average: 307.36

GODAVARIB Indicators & signals

Indicator MACD (12,26,9)

250.25, 268.88, -18.29
Indicator MACD is in negative zone

Indicator ADX (14)

46.97, 11.61, 32.18
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 39
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of GODAVARIB Godavari Biorefineries L are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
05 Wed Feb 2025 244.77 241.64 to 248.53 2.7% 0.36 times
04 Tue Feb 2025 238.34 236.11 to 243.90 1.41% 0.15 times
03 Mon Feb 2025 235.02 230.03 to 242.38 -4.39% 0.87 times
31 Fri Jan 2025 245.80 241.00 to 247.50 2.01% 0.35 times
30 Thu Jan 2025 240.95 238.05 to 253.40 1.69% 0.95 times
29 Wed Jan 2025 236.95 228.00 to 240.95 -0.15% 1.4 times
28 Tue Jan 2025 237.30 217.00 to 243.50 4.06% 1.18 times
27 Mon Jan 2025 228.05 222.75 to 259.90 -12.87% 3.5 times
24 Fri Jan 2025 261.75 260.20 to 280.70 -5.21% 0.49 times
23 Thu Jan 2025 276.15 272.40 to 278.65 0.2% 0.45 times
22 Wed Jan 2025 275.60 267.00 to 279.00 -0.25% 0.65 times
21 Tue Jan 2025 276.30 274.95 to 289.20 -4.2% 0.43 times

Technical analysis forecast for Godavari Biorefineries L Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Godavari Biorefineries L GODAVARIB at this time. Stock is falling and might fall more.

It appears as if Godavari Biorefineries L GODAVARIB gave a large move recently.

Stock of Godavari Biorefineries L (GODAVARIB) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Godavari Biorefineries L is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 241.1 as stoploss in an intra day buy trade for a target of 261.53. However, stock will show a bearish move below 241.1.

More indepth analysis on MunafaSutra.com