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Gita Renewable Energy Limited

GITARENEW.BO•BSE
Utilities
Regulated Electric
₹78.91
₹-0.20(-0.25%)
Indian Market opens in NaNh NaNm

Gita Renewable Energy Limited (GITARENEW.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Gita Renewable Energy Limited (BSE:GITARENEW.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

GITARENEW.BO Technical Analysis Summary

Gita Renewable Energy Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.28)
Trend Strength:Moderate (ADX: 20.46)
Volatility:High (ATR: 7.51)
Support/Resistance:$57.38 – $97.24 (Bollinger Bands)

Technical conditions suggest Gita Renewable Energy Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 47.28

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 31.13

Bearish
Momentum remains weak below midpoint.

Williams %R: -71.78

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.23

Bearish
Selling pressure outweighs buying.

Takeaway:Gita Renewable Energy Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 1.07

Bullish
Bullish, trend momentum is strengthening.

ADX: 20.46

Moderate
Moderate trend, direction gaining strength.

ATR (14): 7.51

High
High volatility, wide price fluctuations.

CCI (14): -7.23

Neutral
Neutral, no strong directional signal.

Takeaway:Gita Renewable Energy Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$97.24
Middle Band (SMA 20)
$77.31
Lower Band
$57.38
Current Position
Within Bands

Takeaway:Gita Renewable Energy Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$93.99
Middle Line (EMA 20)
$78.98
Lower Channel
$63.96
Squeeze Status
No Squeeze

Takeaway:Gita Renewable Energy Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume63.97K
Money Flow Index68.26Bullish, inflows support continued momentum.
Relative Vigor Index38.83Bearish, price momentum favors sellers.

Overall Takeaway:GITARENEW.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Gita Renewable Energy Limited, here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Gita Renewable Energy Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ