GHGL Ghani Glass Limited

Ghani Glass Limited (GHGL) technical analysis

GHGL closed at Rs 39.22 on 16 Oct 2026 (+0.36%). The daily picture is bearish: the price is below 5 of its 6 simple moving averages, MACD is below its signal line and RSI at 43.9 is weak but not oversold. The weekly trend is neutral, while the monthly chart is still strongly bullish. Nearest support is the daily pivot at 39.19, resistance R1 at 39.37.

Daily

Bearish

3 bullish · 7 neutral · 12 bearish

Weekly

Neutral

9 bullish · 6 neutral · 7 bearish

Monthly

Strongly bullish

14 bullish · 7 neutral · 1 bearish

Details for Daily Weekly Monthly

Oscillators

Neutral

1 bullish · 7 neutral · 2 bearish

Indicator	Value	Reading
RSI (14)	43.87	Neutral
Stochastic %K (14, 3, 3)	39.58	Neutral
Stochastic RSI (14, 3, 3)	100.00	Neutral
CCI (20)	-40.78	Neutral
ADX (14)	13.40	Neutral
Williams %R (14)	-47.12	Neutral
MACD (12, 26, 9)	-0.39	Bearish
Momentum (10)	-0.68	Bearish
Ultimate Oscillator (7, 14, 28)	37.28	Neutral
Bull Bear Power (13)	0.33	Bullish

Moving averages

Strongly bearish

2 bullish · 0 neutral · 10 bearish

Period	Simple		Exponential
MA 10	39.23	Bearish	39.22	Bearish
MA 20	39.58	Bearish	39.53	Bearish
MA 30	39.88	Bearish	39.75	Bearish
MA 50	40.58	Bearish	39.84	Bearish
MA 100	39.40	Bearish	39.27	Bearish
MA 200	37.24	Bullish	38.29	Bullish

Support & resistance

Daily pivots

R3 39.85
R2 39.67
R1 39.37
Pivot 39.19
S1 38.89
S2 38.71
S3 38.41
Close 39.22

Pivot points

Level	Classic	Fibonacci	Camarilla
R3	39.85	39.67	39.21
R2	39.67	39.48	39.17
R1	39.37	39.37	39.12
Pivot	39.19	39.19	39.19
S1	38.89	39.00	39.04
S2	38.71	38.89	38.99
S3	38.41	38.71	38.95

Range & volatility

52-week range

27.7845.10

ATR (14): 1.002.5% of price
Bollinger Bands (20, 2): 38.67 – 40.48
From the 52-week high: -13.0%
Bars analysed: 5,972

Oscillators

Bearish

1 bullish · 6 neutral · 3 bearish

Indicator	Value	Reading
RSI (14)	50.76	Neutral
Stochastic %K (14, 3, 3)	30.81	Neutral
Stochastic RSI (14, 3, 3)	8.10	Bullish
CCI (20)	-27.93	Neutral
ADX (14)	12.84	Neutral
Williams %R (14)	-71.71	Neutral
MACD (12, 26, 9)	0.78	Bearish
Momentum (10)	-2.84	Bearish
Ultimate Oscillator (7, 14, 28)	43.31	Neutral
Bull Bear Power (13)	-1.59	Bearish

Moving averages

Bullish

8 bullish · 0 neutral · 4 bearish

Period	Simple		Exponential
MA 10	40.55	Bearish	39.90	Bearish
MA 20	39.65	Bearish	39.40	Bearish
MA 30	38.36	Bullish	38.87	Bullish
MA 50	37.00	Bullish	38.07	Bullish
MA 100	36.65	Bullish	36.31	Bullish
MA 200	32.06	Bullish	34.31	Bullish

Support & resistance

Weekly pivots

R3 41.31
R2 40.65
R1 39.91
Pivot 39.25
S1 38.51
S2 37.85
S3 37.11
Close 39.22

Pivot points

Level	Classic	Fibonacci	Camarilla
R3	41.31	40.65	39.54
R2	40.65	40.12	39.42
R1	39.91	39.79	39.29
Pivot	39.25	39.25	39.25
S1	38.51	38.72	39.03
S2	37.85	38.39	38.90
S3	37.11	37.85	38.77

Range & volatility

52-week range

27.7845.10

ATR (14): 2.847.3% of price
Bollinger Bands (20, 2): 35.91 – 43.40
From the 52-week high: -13.0%
Bars analysed: 1,379

Oscillators

Neutral

2 bullish · 7 neutral · 1 bearish

Indicator	Value	Reading
RSI (14)	54.91	Neutral
Stochastic %K (14, 3, 3)	50.89	Neutral
Stochastic RSI (14, 3, 3)	0.00	Neutral
CCI (20)	27.36	Neutral
ADX (14)	23.04	Bullish
Williams %R (14)	-53.25	Neutral
MACD (12, 26, 9)	2.07	Bullish
Momentum (10)	3.37	Bearish
Ultimate Oscillator (7, 14, 28)	53.63	Neutral
Bull Bear Power (13)	2.49	Neutral

Moving averages

Strongly bullish

12 bullish · 0 neutral · 0 bearish

Period	Simple		Exponential
MA 10	37.61	Bullish	38.40	Bullish
MA 20	37.77	Bullish	36.80	Bullish
MA 30	34.32	Bullish	35.57	Bullish
MA 50	32.00	Bullish	34.10	Bullish
MA 100	32.10	Bullish	31.29	Bullish
MA 200	24.01	Bullish	25.20	Bullish

Support & resistance

Monthly pivots

R3 47.20
R2 45.23
R1 42.45
Pivot 40.48
S1 37.70
S2 35.73
S3 32.95
Close 39.22

Pivot points

Level	Classic	Fibonacci	Camarilla
R3	47.20	45.23	40.99
R2	45.23	43.41	40.55
R1	42.45	42.29	40.12
Pivot	40.48	40.48	40.48
S1	37.70	38.66	39.24
S2	35.73	37.54	38.81
S3	32.95	35.73	38.37

Range & volatility

52-week range

27.7845.10

ATR (14): 5.8214.9% of price
Bollinger Bands (20, 2): 28.79 – 46.75
From the 52-week high: -13.0%
Bars analysed: 325

How these readings work

Computed after each close from GHGL's daily prices; weekly and monthly bars are built from them, and days without trading are left out. Each oscillator and moving average gives a bullish, neutral or bearish reading, and the summary weighs them: strongly bullish when clearly more readings are bullish, strongly bearish when clearly more are bearish. Pivot levels come from the previous completed bar. Readings describe the chart; they are not a recommendation. For information purposes only, not investment advice.

History before 10 Aug 1999 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).

GHGL overview and price history →