GODFRYPHLP - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 4.2

Here’s a full technical breakdown of Godfrey Phillips India Ltd. (GODFRYPHLP) based on current indicators and price action

📊 Trend Overview

Current Trend: Bullish, but showing signs of sideways consolidation.

Price Action: Trading near its 52-week high (₹9,828), but recent price rejection suggests hesitation.

Chart Pattern: Rounded top formation with potential for a flag or pennant setup if volume contracts further.

📈 Moving Averages

Indicator Value (₹) Signal

50 DMA 8,561 Bullish (Price above)

200 DMA 7,009 Bullish (Price above)

Price is well above both DMAs, confirming long-term bullish momentum.

Short-term EMAs may be flattening, indicating range-bound movement.

📉 Momentum Indicators

Indicator Value Interpretation

RSI 52.5 Neutral – no strong momentum

MACD 126 Positive crossover – mild bullish bias

Volume 1.94L Slightly above average – accumulation phase

RSI suggests indecision; not overbought or oversold.

MACD remains positive, but momentum is not accelerating.

📊 Bollinger Bands

Price likely hovering near the middle band, indicating neutral volatility.

No breakout or squeeze pattern visible.

📌 Support & Resistance Zones

Level Price (₹)

Major Support 8,400–8,600

Minor Support 8,750–8,800

Resistance 9,000–9,100 (near current price), 9,828 (52-week high)

Trendline support aligns near ₹8,600.

Breakout above ₹9,100 could trigger rally toward ₹9,500–₹9,800.

🎯 Entry & Exit Zones

Optimal Entry: ₹8,600–₹8,750 (on pullback to support)

Exit Zone: ₹9,100–₹9,500 (if price breaks resistance with volume)

🔄 Trend Status

Trending: Mild bullish trend with short-term consolidation.

Watch for MACD divergence or RSI > 60 for breakout confirmation.

Would you like a candlestick pattern overlay or Fibonacci retracement to refine your entry strategy? I can also help track breakout levels for swing or positional trades.

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