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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 2024-09-20 View latest technical analysis

10 day averaged volume of Gujarat Lease is 2860

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	7.20	7.18	7.20	7.18	1.167 times
19 Thu Sep 2024	7.18	7.19	7.19	7.18	3.021 times
18 Wed Sep 2024	7.18	7.33	7.33	7.18	0.529 times
17 Tue Sep 2024	7.33	7.33	7.33	7.33	0.574 times
16 Mon Sep 2024	7.35	7.51	7.51	7.35	0.616 times
13 Fri Sep 2024	7.51	7.50	7.60	7.50	0.381 times
12 Thu Sep 2024	7.50	7.50	7.50	7.50	0.513 times
11 Wed Sep 2024	7.50	7.46	7.59	7.46	0.845 times
10 Tue Sep 2024	7.45	7.45	7.45	7.45	1.382 times
09 Mon Sep 2024	7.49	7.65	7.65	7.49	0.287 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.3, but if it comes above 7.3, then a intra day buy could be more profitable.
If you take a sell trade below 7.3, then use 7.3 as stoploss and 6.7 as target. However if you take a buy trade in stock , then use 7.3 as stoploss and 7.83 as target.

Share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Target	6.90
Downside Target	7.18
Upside Target	7.85
Upside Target	8.25
Upside Target	8.44
Upside Target	9.10
Upside Target	9.12
Upside Target	9.70
Upside Target	10.25

Intraday share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Intraday Target	7.08
Downside Intraday Target	6.97
Upside Intraday Target	7.41
Upside Intraday Target	7.63
Upside Intraday Target	7.3

Weekly technical analysis of Gujarat Lease (GLFL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	7.20	7.51	7.51	7.18	1.734 times
13 Fri Sep 2024	7.51	7.65	7.65	7.45	0.592 times
06 Fri Sep 2024	7.65	8.44	8.44	7.65	0.204 times
30 Fri Aug 2024	8.48	9.10	9.10	8.25	1.009 times
23 Fri Aug 2024	8.69	7.20	9.12	6.90	6.135 times

Price has moved down 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
20 Fri Sep 2024	7.20	8.44	8.44	7.18	0.228 times
30 Fri Aug 2024	8.48	7.72	9.12	6.90	0.761 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

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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Gujarat Lease stock for short term is SELL. Signal strength is Weak 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Gujarat Lease in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 7.31 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 negative.

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