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

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

10 day averaged volume of Gujarat Gas is 924655

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	548.20	536.20	561.80	532.65	3.971 times
03 Fri May 2024	535.90	539.80	542.00	530.80	1.042 times
02 Thu May 2024	537.10	548.75	550.30	534.70	1.553 times
30 Tue Apr 2024	546.60	551.55	556.50	545.20	1.331 times
29 Mon Apr 2024	551.55	554.80	558.00	548.40	0.366 times
26 Fri Apr 2024	551.40	544.95	557.10	543.75	0.812 times
25 Thu Apr 2024	543.20	544.90	547.20	540.00	0.607 times
24 Wed Apr 2024	544.05	543.20	548.75	540.65	0.627 times
23 Tue Apr 2024	542.10	543.15	549.70	540.05	0.626 times
22 Mon Apr 2024	542.95	550.00	556.05	536.25	1.859 times

Stock of Gujarat Gas (GUJGASLTD) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 541.2 or till 529.8. Use a stoploss of 550.67 and if the stock hits stoploss, then it can shoot up till 560.13

Share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Target	461.70
Downside Target	498.35
Downside Target	512.00
Downside Target	530.80
Upside Target	552.05
Upside Target	561.80
Upside Target	571.90
Upside Target	582.75
Upside Target	584.00
Upside Target	595.75
Upside Target	620.00

Intraday share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Intraday Target	533.3
Downside Intraday Target	518.4
Upside Intraday Target	562.45
Upside Intraday Target	576.7
Downside Intraday Target	547.55

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	548.20	536.20	561.80	532.65	0.925 times
03 Fri May 2024	535.90	554.80	558.00	530.80	0.947 times
26 Fri Apr 2024	551.40	550.00	557.10	536.25	0.405 times
19 Fri Apr 2024	546.25	550.55	584.00	535.20	1.973 times
12 Fri Apr 2024	560.55	552.95	571.90	552.05	0.704 times

Price has moved up 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 Gas (GUJGASLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Mon May 2024	548.20	548.75	561.80	530.80	0.211 times
30 Tue Apr 2024	546.60	544.95	584.00	534.10	1.552 times
28 Thu Mar 2024	544.25	568.00	595.75	498.35	0.539 times
29 Thu Feb 2024	565.35	587.40	620.00	512.00	0.743 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 Gas (GUJGASLTD)

Price action analysis of Gujarat Gas ( (GUJGASLTD) ) 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 Gas ( (GUJGASLTD) ) 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 Gas ( (GUJGASLTD) ) based on a mid to longer 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

ADX buy sell signal for Gujarat Gas stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Gujarat Gas 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 Gas 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 Gas is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 544.48 and Gujarat Gas (GUJGASLTD) 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 Gas (GUJGASLTD) stock. Volume based technical analysis of Gujarat Gas (GUJGASLTD) stock is negative.

Gujarat Gas Stock is giving positive 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.