Grovy India Technical Analysis

Grovy India Ltd Technical Analysis

Grovy India Ltd technical analysis is gaining attention among traders and investors tracking Grovy India Ltd Technical Analysis trends in the Indian stock market. Grovy India Ltd (NSE: , BSE: 539522) is currently trading at ₹39.89, showing a 8.99% move as of Thu, Mar 12, 2026.

This detailed Grovy India Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Grovy India Ltd Stock Overview

Grovy India Ltd operates in the Finance sector under the Real estate development industry. With a market capitalization of ₹0 and a PE ratio of 0, Grovy India Ltd remains a key stock to watch in Grovy India Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹0
• PE Ratio: 0
• Dividend Yield: 0
• Sector: Finance
• Industry: Real estate development

These fundamentals play an important role in Grovy India Ltd technical analysis and valuation tracking.

Grovy India Ltd Support and Resistance Levels

Classic Pivot Levels

In Grovy India Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 58.67
• Resistance 2: 50.67
• Resistance 1: 46.33
• Pivot Point: 42.67
• Support 1: 38.33
• Support 2: 34.67
• Support 3: 26.67

Conditional Insight

Grovy India Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 38.33 and 34.67.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Grovy India Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 50.67
• Fibonacci R2: 47.61
• Fibonacci R1: 45.72
• Fibonacci Pivot: 42.67
• Fibonacci S1: 39.61
• Fibonacci S2: 37.72
• Fibonacci S3: 34.67

Grovy India Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Grovy India Ltd Moving Average Analysis

Moving averages are key indicators in Grovy India Ltd technical analysis for identifying trend direction.

• 10 EMA: 39.22
• 20 EMA: 40.40
• 30 EMA: 41.26
• 50 EMA: 42.21
• 100 EMA: 42.94
• 200 EMA: 43.74

Trend Logic

Grovy India Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Grovy India Ltd technical analysis remains positive above 200 EMA.

Grovy India Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 42.58
• MACD: -1.48
• Signal: -1.30
• ADX: 35.31
• Momentum: -2.30

RSI Logic

Grovy India Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Grovy India Ltd technical analysis indicates bearish momentum with MACD below signal line.

Grovy India Ltd Overall Recommendation

• Overall Recommendation Score: -0.49
• Moving Average Recommendation: -0.80
• Other Indicators Recommendation: -0.18

Overall Grovy India Ltd technical analysis sentiment remains neutral with mixed signals.

Grovy India Ltd Technical Analysis Conclusion

Grovy India Ltd technical analysis suggests that traders should closely monitor price action around ₹39.89 and key pivot level 42.67. Breakouts above resistance or breakdown below support will define the next trend in Grovy India Ltd technical analysis.

Investors searching for Grovy India Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Grovy India Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.