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(GLFL_BE) Gujarat Lease complete technical analysis [charts+indicators] | Buy/Sell Gujarat Lease | (GLFL_BE) share price targets

Complete technical analysis of Gujarat Lease (GLFL_BE) by charts plus indicators, forecast predictions and share price targets for Gujarat Lease (GLFL_BE)

Showing technical analysis as on 2024-05-18 View latest technical analysis

10 day averaged volume of Gujarat Lease is 9346

Date	Daily Closing Price	Open	High	Low	Volume
18 Sat May 2024	9.25	9.25	9.25	9.25	0.333 times
17 Fri May 2024	8.85	8.45	8.85	8.45	1.688 times
16 Thu May 2024	8.45	8.45	8.45	7.65	4.493 times
15 Wed May 2024	8.05	7.70	8.05	7.70	1.075 times
14 Tue May 2024	7.70	7.50	7.90	7.25	1.415 times
13 Mon May 2024	7.55	7.75	7.75	7.40	0.528 times
10 Fri May 2024	7.75	7.80	7.80	7.75	0.144 times
09 Thu May 2024	7.90	8.00	8.00	7.90	0.282 times
08 Wed May 2024	8.05	8.05	8.05	8.05	0.176 times
07 Tue May 2024	8.20	8.20	8.20	8.20	0.181 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 9, but if it comes below 9, then a intra day sell could be more profitable.
If you take a sell trade below 9, then use 9 as stoploss and 8.48 as target. However if you take a buy trade in stock , then use 9 as stoploss and 9.6 as target.

Share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Target	7.05
Downside Target	7.25
Downside Target	7.55
Downside Target	7.75
Downside Target	8.00
Downside Target	8.20
Downside Target	8.40
Downside Target	8.85
Downside Target	9.25
Upside Target	9.40
Upside Target	10.10
Upside Target	10.70
Upside Target	10.90
Upside Target	11.70

Intraday share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Intraday Target	7.92
Downside Intraday Target	6.58
Upside Intraday Target	9.92
Upside Intraday Target	10.58
Downside Intraday Target	8.58

Weekly technical analysis of Gujarat Lease (GLFL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Sat May 2024	9.25	7.75	9.25	7.25	11.905 times
10 Fri May 2024	7.75	8.40	8.40	7.75	0.531 times
03 Fri May 2024	8.50	8.85	8.85	8.50	0.766 times
26 Fri Apr 2024	8.85	9.40	9.40	8.85	2.296 times
19 Fri Apr 2024	9.40	10.10	10.10	9.40	0.313 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 Gujarat Lease (GLFL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Sat May 2024	9.25	8.65	9.25	7.25	0.994 times
30 Tue Apr 2024	8.65	8.75	10.90	8.00	0.866 times
28 Thu Mar 2024	8.35	10.90	11.70	8.20	0.32 times
29 Thu Feb 2024	10.70	7.85	10.70	7.55	0.843 times

Scroll below to view daily charts

Price has moved up 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 Gujarat Lease (GLFL_BE)

Price action analysis of Gujarat Lease ( (GLFL_BE) ) 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 Gujarat Lease ( (GLFL_BE) ) based on a short to mid 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.

Price action analysis of Gujarat Lease ( (GLFL_BE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Gujarat Lease stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Gujarat Lease 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.

Gujarat Lease 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 moving up

CCI has generated a buy signal for Gujarat Lease in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Gujarat Lease is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.31 and Gujarat Lease (GLFL_BE) 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 Gujarat Lease (GLFL_BE) stock. Volume based technical analysis of Gujarat Lease (GLFL_BE) stock is negative.

Gujarat Lease Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

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