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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 2024-03-12 View latest technical analysis

10 day averaged volume of Gujarat Gas is 1102458

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	556.15	561.00	576.90	553.00	0.437 times
11 Mon Mar 2024	565.50	576.95	576.95	556.00	0.726 times
07 Thu Mar 2024	570.75	568.00	573.90	559.70	0.497 times
06 Wed Mar 2024	566.85	594.00	594.75	555.15	1.887 times
05 Tue Mar 2024	593.45	594.80	594.85	586.40	0.614 times
04 Mon Mar 2024	590.00	576.80	595.75	576.05	1.771 times
02 Sat Mar 2024	576.80	580.95	582.15	574.15	0.04 times
01 Fri Mar 2024	578.35	568.00	582.35	567.05	0.992 times
29 Thu Feb 2024	565.35	552.75	568.70	544.75	1.93 times
28 Wed Feb 2024	548.30	558.35	568.25	545.00	1.006 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 554.1 as stoploss in an intra day buy trade for a target of 566.81. However, stock will show a bearish move below 554.1.

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
Upside Target	576.95
Upside Target	580.50
Upside Target	582.75
Upside Target	583.60
Upside 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	547.12
Downside Intraday Target	538.08
Upside Intraday Target	571.07
Upside Intraday Target	585.98
Upside Intraday Target	562.03

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	556.15	576.95	576.95	553.00	0.244 times
07 Thu Mar 2024	570.75	576.80	595.75	555.15	0.826 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

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 Gas (GUJGASLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	556.15	568.00	595.75	553.00	0.223 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 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Gujarat Gas Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Gujarat Gas in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 571.28 and Gujarat Gas (GUJGASLTD) stock is trading below this level. This means that stock is falling with high volumes. 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 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.