Gujarat Fluorochemicals Ltd. (FLUOROCHEM) emerged as a powerhouse this week, registering a stellar +10.4% weekly gain to close at ₹4,573.70. The aggressive surge pushed the stock to a fresh 52-week high of ₹4,646.00.. The stock is clearly trading above its short, medium, and long-term benchmarks, trading comfortably over its 50-day SMA (₹3,874) and 200-day SMA (₹3,555. The 14-day RSI has launched to 80.1, penetrating deep into the strongly overbought territory. While this validates strong immediate buyer dominance, it warns that the stock is highly extended and susceptible to brief cooling-off periods or profit-booking. The MACD indicator stands exceptionally strong at 200.3, positioned well above both its zero baseline and its Signal Line (140.5). The widening positive histogram reveals that the upward price momentum is still accelerating. $FLUOROCHEM

#TechnicalViews#WatchOutFor#EquityResearch#PsychologyofMoney#StockInNews

855 likes·49 comments