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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)

Showing technical analysis as on 2024-03-04 View latest technical analysis

10 day averaged volume of Gujarat Gas is 1200936

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	590.00	576.80	595.75	576.05	1.626 times
02 Sat Mar 2024	576.80	580.95	582.15	574.15	0.037 times
01 Fri Mar 2024	578.35	568.00	582.35	567.05	0.91 times
29 Thu Feb 2024	565.35	552.75	568.70	544.75	1.772 times
28 Wed Feb 2024	548.30	558.35	568.25	545.00	0.924 times
27 Tue Feb 2024	558.30	567.10	572.85	557.00	0.492 times
26 Mon Feb 2024	567.10	580.00	583.60	565.65	1.166 times
23 Fri Feb 2024	577.30	567.95	580.50	563.90	1.092 times
22 Thu Feb 2024	564.55	565.55	575.70	561.90	1.216 times
21 Wed Feb 2024	565.55	558.95	569.75	554.00	1.276 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 585.4, but if it comes below 585.4, then a intra day sell could be more profitable.
If you take a sell trade below 585.4, then use 585.4 as stoploss and 569.6 as target. However if you take a buy trade in stock , then use 585.4 as stoploss and 604.4 as target.

Share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Target	402.25
Downside Target	431.25
Downside Target	461.70
Downside Target	512.00
Downside Target	540.00
Downside Target	566.05
Downside Target	582.75
Downside Target	583.60
Downside Target	585.70
Upside Target	595.75
Upside Target	620.00

Intraday share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Intraday Target	578.78
Downside Intraday Target	567.57
Upside Intraday Target	598.48
Upside Intraday Target	606.97
Downside Intraday Target	587.27

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	590.00	576.80	595.75	576.05	0.307 times
02 Sat Mar 2024	576.80	580.00	583.60	544.75	0.839 times
23 Fri Feb 2024	577.30	545.00	580.50	540.00	0.531 times
16 Fri Feb 2024	545.05	580.30	585.70	512.00	3.04 times
09 Fri Feb 2024	582.90	596.80	620.00	566.05	0.791 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
04 Mon Mar 2024	590.00	568.00	595.75	567.05	0.09 times
29 Thu Feb 2024	565.35	587.40	620.00	512.00	0.743 times
31 Wed Jan 2024	581.30	464.80	582.75	461.70	1.492 times
29 Fri Dec 2023	461.50	434.90	463.00	431.25	2.572 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 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 Gas ( (GUJGASLTD) ) based on a short to mid 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 Gas ( (GUJGASLTD) ) 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 Gas stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Gujarat Gas in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above 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 569.87 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.