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(GANDHAR) Gandhar Oil complete technical analysis [charts+indicators] | Buy/Sell Gandhar Oil | (GANDHAR) share price targets

Complete technical analysis of Gandhar Oil (GANDHAR) by charts plus indicators, forecast predictions and share price targets for Gandhar Oil (GANDHAR)

Showing technical analysis as on 2024-05-02 View latest technical analysis

10 day averaged volume of Gandhar Oil is 407052

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	230.20	236.00	238.50	228.90	0.94 times
30 Tue Apr 2024	235.90	236.95	239.00	234.90	2.697 times
29 Mon Apr 2024	232.50	223.25	236.40	221.05	1.921 times
26 Fri Apr 2024	220.15	221.20	222.95	219.50	0.501 times
25 Thu Apr 2024	221.05	221.80	223.55	220.55	0.519 times
24 Wed Apr 2024	222.10	219.00	226.80	218.25	1.413 times
23 Tue Apr 2024	217.00	218.50	219.50	216.00	0.662 times
22 Mon Apr 2024	217.80	219.90	220.20	216.90	0.41 times
19 Fri Apr 2024	216.20	215.00	219.25	211.50	0.614 times
18 Thu Apr 2024	215.90	216.00	219.95	215.25	0.627 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 228.2, but if it comes below 228.2, then a intra day sell could be more profitable.
If you take a sell trade below 228.2, then use 228.2 as stoploss and 222.47 as target. However if you take a buy trade in stock , then use 228.2 as stoploss and 235.1 as target.

Share price targets for Gandhar Oil (GANDHAR)

Target Type	Value
Downside Target	196.40
Downside Target	201.20
Downside Target	209.30
Downside Target	216.00
Downside Target	226.80
Upside Target	238.50
Upside Target	239.00
Upside Target	241.60
Upside Target	244.70
Upside Target	273.80
Upside Target	281.85

Intraday share price targets for Gandhar Oil (GANDHAR)

Target Type	Value
Downside Intraday Target	221.17
Downside Intraday Target	212.13
Upside Intraday Target	239.12
Upside Intraday Target	248.03
Downside Intraday Target	230.08

Weekly technical analysis of Gandhar Oil (GANDHAR)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	230.20	223.25	239.00	221.05	1.585 times
26 Fri Apr 2024	220.15	219.90	226.80	216.00	1.121 times
19 Fri Apr 2024	216.20	213.00	221.70	209.30	1.021 times
12 Fri Apr 2024	219.80	229.75	230.45	218.75	0.345 times
05 Fri Apr 2024	227.65	204.00	230.50	201.20	1.238 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Gandhar Oil (GANDHAR)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Thu May 2024	230.20	236.00	238.50	228.90	0.041 times
30 Tue Apr 2024	235.90	204.00	239.00	201.20	0.933 times
28 Thu Mar 2024	200.10	235.05	241.60	196.40	0.557 times
29 Thu Feb 2024	230.90	246.95	273.80	227.75	1.044 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Gandhar Oil (GANDHAR)

Price action analysis of Gandhar Oil ( (GANDHAR) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Gandhar Oil ( (GANDHAR) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Gandhar Oil ( (GANDHAR) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Gandhar Oil stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Gandhar Oil in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Gandhar Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Gandhar Oil in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Gandhar Oil is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 227.01 and Gandhar Oil (GANDHAR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Gandhar Oil (GANDHAR) stock. Volume based technical analysis of Gandhar Oil (GANDHAR) stock is negative.

Gandhar Oil Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.