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

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

Gujarat Narmada trades in NSE in Fertilizers sector.

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Gujarat Narmada is 704382

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	639.35	633.00	641.70	633.00	0.089 times
01 Fri Mar 2024	631.85	642.60	650.15	630.50	0.953 times
29 Thu Feb 2024	640.55	646.00	650.95	627.70	2.368 times
28 Wed Feb 2024	647.65	671.95	673.80	643.30	0.654 times
27 Tue Feb 2024	666.25	678.90	686.60	663.85	1.134 times
26 Mon Feb 2024	678.60	674.05	680.00	663.85	0.688 times
23 Fri Feb 2024	675.05	669.95	676.30	669.20	0.531 times
22 Thu Feb 2024	669.25	668.05	672.00	658.15	0.388 times
21 Wed Feb 2024	668.05	672.00	683.00	665.00	1.065 times
20 Tue Feb 2024	674.00	674.00	681.00	669.00	0.917 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 642.8, but if it comes above 642.8, then a intra day buy could be more profitable.
If you take a sell trade below 642.8, then use 642.8 as stoploss and 617.2 as target. However if you take a buy trade in stock , then use 642.8 as stoploss and 664.07 as target.

Share price targets for Gujarat Narmada (GNFC)

Target Type	Value
Downside Target	627.70
Upside Target	650.15
Upside Target	686.65
Upside Target	702.70
Upside Target	720.50
Upside Target	728.85
Upside Target	735.00
Upside Target	755.00
Upside Target	759.90
Upside Target	763.00
Upside Target	814.90

Intraday share price targets for Gujarat Narmada (GNFC)

Target Type	Value
Downside Intraday Target	615.83
Downside Intraday Target	592.32
Upside Intraday Target	674.73
Upside Intraday Target	710.12
Upside Intraday Target	651.22

Weekly technical analysis of Gujarat Narmada (GNFC)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	639.35	674.05	686.60	627.70	1.4 times
23 Fri Feb 2024	675.05	663.00	683.00	658.15	0.759 times
16 Fri Feb 2024	659.35	674.00	675.50	629.35	0.602 times
09 Fri Feb 2024	671.70	735.00	735.00	663.05	1.572 times
02 Fri Feb 2024	732.70	737.95	759.90	728.85	1.078 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 Narmada (GNFC)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	639.35	642.60	650.15	630.50	0.04 times
29 Thu Feb 2024	640.55	754.30	755.00	627.70	0.62 times
31 Wed Jan 2024	751.10	756.40	814.90	702.70	1.259 times
29 Fri Dec 2023	752.75	686.65	763.00	686.65	0.953 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 Narmada (GNFC)

Price action analysis of Gujarat Narmada ( (GNFC) ) 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 Narmada ( (GNFC) ) 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 Narmada ( (GNFC) ) based on a mid to longer 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.

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

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

Gujarat Narmada 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 Narmada in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Narmada is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 656.6 and Gujarat Narmada (GNFC) 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 Narmada (GNFC) stock. Volume based technical analysis of Gujarat Narmada (GNFC) stock is negative.

Gujarat Narmada 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.