Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-05 View latest technical analysis

10 day averaged volume of Gujarat Gas is 1262136

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	593.45	594.80	594.85	586.40	0.536 times
04 Mon Mar 2024	590.00	576.80	595.75	576.05	1.547 times
02 Sat Mar 2024	576.80	580.95	582.15	574.15	0.035 times
01 Fri Mar 2024	578.35	568.00	582.35	567.05	0.866 times
29 Thu Feb 2024	565.35	552.75	568.70	544.75	1.686 times
28 Wed Feb 2024	548.30	558.35	568.25	545.00	0.879 times
27 Tue Feb 2024	558.30	567.10	572.85	557.00	0.468 times
26 Mon Feb 2024	567.10	580.00	583.60	565.65	1.109 times
23 Fri Feb 2024	577.30	567.95	580.50	563.90	1.039 times
22 Thu Feb 2024	564.55	565.55	575.70	561.90	1.157 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 584.1, but if it comes below 584.1, then a intra day sell could be more profitable.
If you take a sell trade below 584.1, then use 584.1 as stoploss and 569.13 as target. However if you take a buy trade in stock , then use 584.1 as stoploss and 602 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	581.08
Downside Intraday Target	568.72
Upside Intraday Target	600.78
Upside Intraday Target	608.12
Downside Intraday Target	588.42

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	593.45	576.80	595.75	576.05	0.413 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
05 Tue Mar 2024	593.45	568.00	595.75	567.05	0.109 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Gujarat Gas is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 571.79 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.