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Godavari Drugs Limited

GODAVARI.BO Technical Analysis Summary (BSE)

Analyze GODAVARI.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

GODAVARI.BO●BSE
HealthcareMedical - Pharmaceuticals
₹112.25
₹2.30(2.09%)
Indian Market opens in 11h 9m

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

GODAVARI.BO Technical Analysis Summary (BSE)

Godavari Drugs Limited (BSE: GODAVARI.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.46)
Trend Strength:Moderate (ADX: 21.93)
Volatility:High (ATR: 7.15)
Support/Resistance:$90.07 – $121.69 (Bollinger Bands)

Technical conditions suggest Godavari Drugs Limited on the BSE is awaiting a decisive move. This mix signals that Godavari Drugs Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 54.46

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 57.03

Neutral
Mid-range signal with no clear trend.

Williams %R: -39.84

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 12.25

Strongly Bullish
Strong upside momentum.

Takeaway:Godavari Drugs Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 2.00

Bullish
Bullish, trend momentum is strengthening.

ADX: 21.93

Moderate
Moderate trend, direction gaining strength.

ATR (14): 7.15

High
High volatility, wide price fluctuations.

CCI (14): 29.23

Bullish
Bullish, momentum building upward.

Takeaway:Godavari Drugs Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$121.69
Middle Band (SMA 20)
$105.88
Lower Band
$90.07
Current Position
Within Bands

Takeaway:Godavari Drugs Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$122.92
Middle Line (EMA 20)
$108.62
Lower Channel
$94.32
Squeeze Status
No Squeeze

Takeaway:Godavari Drugs Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume12.56K
Money Flow Index80.56Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index40.94Neutral to Bearish, sellers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Godavari Drugs Limited (BSE: GODAVARI.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Godavari Drugs Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(BSE: GODAVARI.BO) Technical Analysis FAQ