Is GLOBE TEXTILES (INDIA) in uptrend or downtrend?

In the short term price movements in GLOBE share indicates the market is rangebound and indecisive, playing ping pong between levels.

What is GLOBE TEXTILES (INDIA) share price forecast for tomorrow?

In Globe Enterprises (India) Limited stock current resistance level is at 3 and support level is at 2. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are GLOBE TEXTILES (INDIA) support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Globe Enterprises (India) Limited in the short-term, the supply zone around 3 and 0. Hence, good chances of resistance around 0. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Globe Enterprises (India) Limited share is around 2 and 0. Hence, good chances for support around 0.

Why is GLOBE TEXTILES (INDIA) share price falling today?

Perhaps GLOBE stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

GLOBE TEXTILES (INDIA) Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data