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

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

Gujarat Mineral trades in NSE in Coal sector.

Showing technical analysis as on 2024-05-28 View latest technical analysis

10 day averaged volume of Gujarat Mineral is 1876307

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	389.35	395.00	398.80	386.30	1.301 times
27 Mon May 2024	402.85	411.95	413.40	401.00	0.802 times
24 Fri May 2024	409.50	421.00	423.40	408.00	0.715 times
23 Thu May 2024	419.55	422.70	433.10	418.35	0.708 times
22 Wed May 2024	421.80	430.20	431.80	417.55	0.77 times
21 Tue May 2024	428.10	434.00	434.75	424.00	1.034 times
18 Sat May 2024	435.45	429.35	442.00	428.85	0.582 times
17 Fri May 2024	428.50	411.00	434.00	409.15	2.873 times
16 Thu May 2024	409.05	413.25	416.35	407.00	0.497 times
15 Wed May 2024	411.30	411.65	417.90	408.20	0.787 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 396.8, but if it comes above 396.8, then a intra day buy could be more profitable.
If you take a sell trade below 396.8, then use 396.8 as stoploss and 377.3 as target. However if you take a buy trade in stock , then use 396.8 as stoploss and 413 as target.

Share price targets for Gujarat Mineral (GMDCLTD)

Target Type	Value
Downside Target	316.80
Downside Target	348.50
Downside Target	362.55
Downside Target	376.35
Upside Target	407.90
Upside Target	434.75
Upside Target	442.00
Upside Target	445.40
Upside Target	452.70
Upside Target	452.95
Upside Target	502.90
Upside Target	506.00

Intraday share price targets for Gujarat Mineral (GMDCLTD)

Target Type	Value
Downside Intraday Target	379.3
Downside Intraday Target	369.25
Upside Intraday Target	406.4
Upside Intraday Target	423.45
Upside Intraday Target	396.35

Weekly technical analysis of Gujarat Mineral (GMDCLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	389.35	411.95	413.40	386.30	0.652 times
24 Fri May 2024	409.50	434.00	434.75	408.00	0.476 times
18 Sat May 2024	435.45	392.20	442.00	379.50	0.837 times
10 Fri May 2024	392.25	451.50	452.70	376.35	0.883 times
03 Fri May 2024	448.65	438.30	452.95	417.00	0.778 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 Mineral (GMDCLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Tue May 2024	389.35	422.50	452.95	376.35	0.775 times
30 Tue Apr 2024	420.10	348.70	445.40	348.50	1.829 times
28 Thu Mar 2024	343.95	392.20	409.00	316.80	0.492 times
29 Thu Feb 2024	389.90	455.95	506.00	362.55	0.598 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 Mineral (GMDCLTD)

Price action analysis of Gujarat Mineral ( (GMDCLTD) ) 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 Mineral ( (GMDCLTD) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Gujarat Mineral ( (GMDCLTD) ) 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 Mineral stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Gujarat Mineral in short term but the sell signal is initial and weak.

Gujarat Mineral 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Gujarat Mineral 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 positive zone. This is a BUY zone

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 416.96 and Gujarat Mineral (GMDCLTD) 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 Mineral (GMDCLTD) stock. Volume based technical analysis of Gujarat Mineral (GMDCLTD) stock is negative.

Gujarat Mineral 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.