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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 2024-08-06 View latest technical analysis

10 day averaged volume of Gujarat Lease is 4181

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	7.56	7.55	7.56	7.55	0.178 times
05 Mon Aug 2024	7.56	7.72	7.72	7.56	0.134 times
02 Fri Aug 2024	7.72	7.72	7.72	7.72	0.15 times
01 Thu Aug 2024	7.72	7.72	7.72	7.70	0.911 times
31 Wed Jul 2024	7.57	7.73	7.73	7.57	2.068 times
30 Tue Jul 2024	7.73	7.57	7.73	7.57	1.551 times
29 Mon Jul 2024	7.73	7.73	7.73	7.73	1.166 times
26 Fri Jul 2024	7.89	8.00	8.00	7.89	1.926 times
25 Thu Jul 2024	8.06	8.06	8.06	8.06	1.542 times
24 Wed Jul 2024	8.23	8.23	8.23	8.23	0.468 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.7, but if it comes above 7.7, then a intra day buy could be more profitable.
If you take a sell trade below 7.7, then use 7.7 as stoploss and 6.7 as target. However if you take a buy trade in stock , then use 7.7 as stoploss and 8.51 as target.

Share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Target	7.00
Downside Target	7.25
Downside Target	7.55
Upside Target	8.58
Upside Target	8.76
Upside Target	8.86
Upside Target	9.32
Upside Target	9.70
Upside Target	10.25
Upside Target	10.90

Intraday share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Intraday Target	7.5
Downside Intraday Target	7.44
Upside Intraday Target	7.67
Upside Intraday Target	7.78
Upside Intraday Target	7.61

Weekly technical analysis of Gujarat Lease (GLFL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	7.56	7.72	7.72	7.55	0.053 times
02 Fri Aug 2024	7.72	7.73	7.73	7.57	1.399 times
26 Fri Jul 2024	7.89	8.58	8.58	7.89	3.863 times
19 Fri Jul 2024	8.76	9.32	9.32	8.76	0.061 times
12 Fri Jul 2024	9.52	9.77	10.25	8.86	0.565 times

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

Monthly technical analysis of Gujarat Lease (GLFL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	7.56	7.72	7.72	7.55	0.023 times
31 Wed Jul 2024	7.57	7.69	10.25	7.33	3.666 times
28 Fri Jun 2024	7.33	7.85	7.85	7.00	0.489 times
31 Fri May 2024	8.00	8.65	9.70	7.25	1.263 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 Gujarat Lease (GLFL_BE)

Price action analysis of Gujarat Lease ( (GLFL_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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

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

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

MACD generated a SELL signal for Gujarat Lease in short term and the sell signal is strong.

Gujarat Lease Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Gujarat Lease in short term and SELL signal is strong!

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

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.8 and Gujarat Lease (GLFL_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.