Garuda Construction & Engineering Ltd (GARUDA) – Technical
Price Action
Current Price: ~₹215.5 (as of August 29, 2025)
Snapped up nearly +9–10% today, breaking to fresh 52-week highs.
Indicators & Momentum
Likely traded above major moving averages.
RSI probably in overbought territory — caution warranted.
ADX likely above 25 — confirming trend strength.
Volume spike (~3.6M shares) supports the breakout.
Chart Structure
Broke resistance at ~₹200–210; price nearing ₹222–225 zone.
Support zones:
Short-term: ₹210–212
Strong: ₹200
Upside targets: ₹225 → ₹230; potential rally to ₹240+.
Trading View
Bias: Bullish as long as price stays above ₹210.
Short-Term Target: ₹225 → ₹230
Medium-Term Target: ₹240+
Invalidation: Close below ₹200 weakens bullish thesis.
Disclaimer: This is a technical overview for informational and educational purposes only—not investment advice. Please conduct your own research before trading.
Current Price: ~₹215.5 (as of August 29, 2025)
Snapped up nearly +9–10% today, breaking to fresh 52-week highs.
Indicators & Momentum
Likely traded above major moving averages.
RSI probably in overbought territory — caution warranted.
ADX likely above 25 — confirming trend strength.
Volume spike (~3.6M shares) supports the breakout.
Chart Structure
Broke resistance at ~₹200–210; price nearing ₹222–225 zone.
Support zones:
Short-term: ₹210–212
Strong: ₹200
Upside targets: ₹225 → ₹230; potential rally to ₹240+.
Trading View
Bias: Bullish as long as price stays above ₹210.
Short-Term Target: ₹225 → ₹230
Medium-Term Target: ₹240+
Invalidation: Close below ₹200 weakens bullish thesis.
Disclaimer: This is a technical overview for informational and educational purposes only—not investment advice. Please conduct your own research before trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.