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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 2024-05-31 View latest technical analysis

10 day averaged volume of Gujarat Mineral is 1840043

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	392.35	387.80	398.50	382.90	0.685 times
30 Thu May 2024	384.10	391.05	393.65	382.65	0.478 times
29 Wed May 2024	391.05	391.00	396.85	384.15	0.563 times
28 Tue May 2024	389.35	395.00	398.80	386.30	1.326 times
27 Mon May 2024	402.85	411.95	413.40	401.00	0.818 times
24 Fri May 2024	409.50	421.00	423.40	408.00	0.729 times
23 Thu May 2024	419.55	422.70	433.10	418.35	0.722 times
22 Wed May 2024	421.80	430.20	431.80	417.55	0.786 times
21 Tue May 2024	428.10	434.00	434.75	424.00	1.055 times
18 Sat May 2024	435.45	429.35	442.00	428.85	0.594 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 391.3 as stoploss in an intra day buy trade for a target of 406.9. However, stock will show a bearish move below 391.3.

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	378.87
Downside Intraday Target	365.38
Upside Intraday Target	409.62
Upside Intraday Target	426.88
Upside Intraday Target	396.13

Weekly technical analysis of Gujarat Mineral (GMDCLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	392.35	411.95	413.40	382.65	1.176 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
31 Fri May 2024	392.35	422.50	452.95	376.35	0.823 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 Weak and stock is losing momentum.

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

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

CCI has generated a buy signal for Gujarat Mineral 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 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 407.63 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 positive

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