Get started

Garuda

Garuda Construction & Engineering Ltd (GARUDA) – TechnicalPrice 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.
NSE:GARUDA
by Vijay_Trade
Garuda: Riding the Momentum WaveFrom February to late May 2025, the stock of GARUDA was trading in a sideways consolidation range, roughly between ₹100 (support) and ₹115-₹120 (resistance). The recent powerful green candles have shattered the upper boundary of this range. Also, the most significant event on the daily chart is the decisive breakout from a descending trendline that had capped prices. Also, LL and HH formation observed on daily chart. The breakout was accompanied by a significant spike in volume ( 862.88K shares ), which is substantially higher than the average volume during the consolidation period. High volume on a breakout lends strong credibility to the move. The RSI is at a strong 69.20 . It is in bullish territory and rising, indicating strong buying momentum. It is approaching the overbought region (>70), but is not there yet, leaving room for further upside before becoming extended. If the stock consolidates above the ₹120-₹121 support level. Buyers step in on any minor dip till ₹118 , and the price then continues its upward trajectory towards the resistance targets of ₹129 and subsequently ₹149 . Disclaimer: This technical analysis is for informational purposes only and should not be considered as financial advice. Trading in the stock market involves risk. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
NSE:GARUDALong
by NiftyNotion