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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 2024-10-11 View latest technical analysis

10 day averaged volume of Gujarat Lease is 8551

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	7.34	7.12	7.47	6.90	0.866 times
10 Thu Oct 2024	7.12	7.33	7.50	6.96	1.347 times
09 Wed Oct 2024	7.19	7.38	7.74	7.10	1.986 times
08 Tue Oct 2024	7.38	7.35	7.40	6.90	1.307 times
07 Mon Oct 2024	7.05	6.85	7.52	6.81	2.709 times
04 Fri Oct 2024	7.17	7.17	7.17	7.17	0.132 times
03 Thu Oct 2024	7.03	6.91	7.03	6.91	0.898 times
01 Tue Oct 2024	6.90	6.77	6.90	6.77	0.717 times
30 Mon Sep 2024	6.77	6.83	6.90	6.77	0.365 times
27 Fri Sep 2024	6.77	6.91	6.91	6.77	0.075 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.3, but if it comes below 7.3, then a intra day sell could be more profitable.
If you take a sell trade below 7.3, then use 7.3 as stoploss and 7.15 as target. However if you take a buy trade in stock , then use 7.3 as stoploss and 7.6 as target.

Share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Target	6.77
Downside Target	7.17
Downside Target	7.33
Upside Target	7.51
Upside Target	7.65
Upside Target	7.74
Upside Target	7.85
Upside Target	8.44
Upside Target	9.12
Upside Target	10.25

Intraday share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Intraday Target	6.85
Downside Intraday Target	6.37
Upside Intraday Target	7.78
Upside Intraday Target	8.23
Downside Intraday Target	7.3

Weekly technical analysis of Gujarat Lease (GLFL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	7.34	6.85	7.74	6.81	3.889 times
04 Fri Oct 2024	7.17	6.83	7.17	6.77	0.965 times
27 Fri Sep 2024	6.77	7.34	7.34	6.77	1.108 times
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

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
11 Fri Oct 2024	7.34	6.77	7.74	6.77	1.312 times
30 Mon Sep 2024	6.77	8.44	8.44	6.77	0.343 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

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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Gujarat Lease stock for short term is SELL. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 7.13 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.