Stock analysis Godavari Biorefineries L GODAVARIB
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Recent prices of GODAVARIB Godavari Biorefineries L are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 10 Fri Jan 2025 | 282.00 | 277.55 to 289.70 | -2.19% | 1.85 times |
| 09 Thu Jan 2025 | 288.30 | 287.05 to 298.95 | -2.35% | 0.74 times |
| 08 Wed Jan 2025 | 295.25 | 292.95 to 302.90 | -1.76% | 0.54 times |
| 07 Tue Jan 2025 | 300.55 | 292.60 to 305.00 | 2.44% | 0.84 times |
| 06 Mon Jan 2025 | 293.40 | 290.00 to 313.30 | -4.26% | 1.5 times |
| 03 Fri Jan 2025 | 306.45 | 302.00 to 316.50 | -1.16% | 1.69 times |
| 02 Thu Jan 2025 | 310.05 | 305.55 to 320.85 | -2.33% | 0.99 times |
| 01 Wed Jan 2025 | 317.45 | 313.05 to 319.65 | 0.81% | 0.52 times |
| 31 Tue Dec 2024 | 314.90 | 305.55 to 316.90 | 2.41% | 0.91 times |
| 30 Mon Dec 2024 | 307.50 | 305.25 to 322.75 | -3.79% | 1.61 times |
| 27 Fri Dec 2024 | 319.60 | 317.10 to 323.50 | 0.87% | 0.67 times |
| 26 Thu Dec 2024 | 316.85 | 310.25 to 328.85 | -0.92% | 1.12 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 trade for tomorrow is selective. Take a sell trade only if Godavari Biorefineries L stays below 293.8, but if it comes above 293.8, then a intra day buy could be more profitable.
If you take a sell trade below 293.8, then use 293.8 as stoploss and 270.1 as target. However if you take a buy trade in Godavari Biorefineries L, then use 293.8 as stoploss and 313.5 as target.