Technical Trend Overview and Price Movement
As of 2 Jan 2026, Globus Spirits Ltd is trading at ₹1,076.00, slightly up from the previous close of ₹1,067.90, marking a modest intraday gain of 0.76%. The stock’s 52-week range spans from ₹751.05 to ₹1,303.95, indicating significant volatility and a strong upward trajectory over the past year. Today’s trading saw a high of ₹1,095.30 and a low of ₹1,059.60, underscoring active price movement within a relatively tight band.
The recent technical trend has shifted from mildly bullish to mildly bearish, signalling a cautious phase for traders. This change is reflected in the daily moving averages, which currently indicate a mildly bearish stance. The stock’s momentum appears to be losing some short-term strength, although longer-term indicators suggest underlying resilience.
MACD and Momentum Indicators: Divergent Signals
The Moving Average Convergence Divergence (MACD) indicator presents a nuanced picture. On a weekly basis, the MACD is bearish, suggesting that short-term momentum is weakening and that selling pressure may be increasing. Conversely, the monthly MACD remains bullish, indicating that the longer-term trend is still positive and that the stock retains upward potential over a broader timeframe.
This divergence between weekly and monthly MACD readings highlights the importance of timeframe in technical analysis. While short-term traders might interpret the weekly bearish MACD as a signal to exercise caution or consider profit-taking, long-term investors may find reassurance in the monthly bullish momentum.
RSI and Bollinger Bands: Neutral to Mildly Bearish Signals
The Relative Strength Index (RSI) on both weekly and monthly charts currently shows no definitive signal, hovering in neutral territory. This suggests that the stock is neither overbought nor oversold, leaving room for price movement in either direction without immediate risk of reversal due to extreme conditions.
Bollinger Bands add further context, with weekly readings mildly bearish, indicating that price volatility is increasing on the downside and that the stock may be testing lower support levels. However, the monthly Bollinger Bands remain bullish, reinforcing the longer-term positive outlook.
Moving Averages and KST: Short-Term Weakness vs Long-Term Strength
Daily moving averages have turned mildly bearish, signalling that recent price action is under pressure and that short-term momentum is waning. This is consistent with the weekly KST (Know Sure Thing) indicator, which is bearish, further confirming short-term weakness.
In contrast, the monthly KST remains bullish, supporting the view that the stock’s longer-term trend is intact and that any short-term weakness could be a temporary correction within a broader uptrend.
Volume and Dow Theory Signals
On the volume front, the On-Balance Volume (OBV) indicator is bullish on a weekly basis, suggesting that accumulation is occurring despite the recent price softness. This divergence between price and volume can often precede a reversal or consolidation phase, as buying interest remains steady.
Dow Theory assessments show a mildly bullish weekly trend but no clear trend on the monthly scale, indicating some uncertainty in market sentiment. This mixed signal underscores the need for investors to monitor developments closely before making decisive moves.
Comparative Returns and Market Context
Globus Spirits Ltd has outperformed the broader Sensex index over multiple time horizons. The stock delivered a 1-week return of 8.68% compared to the Sensex’s -0.26%, and a 1-month return of 2.16% versus the Sensex’s -0.53%. Year-to-date, the stock gained 0.76%, slightly ahead of the Sensex’s -0.04% return.
Over longer periods, Globus Spirits has demonstrated exceptional growth, with a 1-year return of 23.11% against the Sensex’s 8.51%, a 5-year return of 234.37% compared to 77.96%, and a remarkable 10-year return of 1,255.16% versus the Sensex’s 225.63%. These figures highlight the company’s strong performance and resilience within the beverages sector.
This week's disclosed pick, a Large Cap from NBFC, comes with precise Target Price and analysis. Check if you're positioned right for this opportunity!
- - Precise target price set
- - Weekly selection live
- - Position check opportunity
MarketsMOJO Mojo Score and Grade Upgrade
Reflecting the evolving technical and fundamental landscape, MarketsMOJO has upgraded Globus Spirits Ltd’s Mojo Grade from Buy to Strong Buy as of 29 Dec 2025. The company’s Mojo Score stands at a robust 80.0, signalling strong conviction in its growth prospects and market positioning.
The Market Cap Grade is rated 3, indicating a mid-cap valuation tier that balances growth potential with manageable risk. This upgrade aligns with the company’s consistent outperformance relative to the Sensex and its sector peers in beverages.
Sector and Industry Positioning
Operating within the beverages sector, Globus Spirits Ltd benefits from steady demand dynamics and favourable consumption trends. The company’s technical indicators, while showing short-term caution, do not undermine its fundamental strength or long-term growth trajectory.
Investors should note the mixed signals from technical tools such as MACD and KST, which suggest that while short-term momentum may be cooling, the monthly and longer-term outlook remains constructive. This duality offers opportunities for tactical trading alongside strategic investment.
Curious about Globus Spirits Ltd from Beverages? Get the complete picture with our detailed research report covering fundamentals, technicals, peer analysis, and everything you need to decide!
- - Detailed research coverage
- - Technical + fundamental view
- - Decision-ready insights
Investor Takeaway and Outlook
For investors and traders, the current mildly bearish short-term technical signals warrant a cautious approach. The weekly MACD and KST bearishness, combined with mildly bearish daily moving averages, suggest that the stock could face near-term consolidation or minor corrections.
However, the monthly bullish indicators, including MACD, Bollinger Bands, and KST, alongside a strong Mojo Score and upgraded grade, support a positive long-term outlook. The divergence between volume and price trends, with OBV bullish on the weekly chart, further indicates underlying accumulation and potential for renewed upward momentum.
Given the stock’s strong historical returns—outperforming the Sensex by a wide margin over 1, 5, and 10 years—Globus Spirits Ltd remains an attractive proposition for investors with a medium to long-term horizon. Tactical traders should monitor key support levels near ₹1,060 and resistance around ₹1,095 to ₹1,100 for potential entry or exit points.
In summary, while short-term technical momentum has softened, the broader trend and fundamental backdrop remain favourable, justifying the recent upgrade to a Strong Buy rating by MarketsMOJO. Investors should balance near-term caution with confidence in the company’s sustained growth potential within the beverages sector.
Only Rs. 9,999 - Get MojoOne + Stock of the Week for 1 Year (MRP = Rs. 34,999) Start Today
