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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 2024-03-18 View latest technical analysis

10 day averaged volume of Gujarat Gas is 989196

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	542.75	543.15	545.90	535.00	0.853 times
15 Fri Mar 2024	543.15	537.30	546.95	528.55	0.913 times
14 Thu Mar 2024	537.30	528.00	542.65	522.05	1.149 times
13 Wed Mar 2024	528.40	556.15	556.15	523.20	1.281 times
12 Tue Mar 2024	556.15	561.00	576.90	553.00	0.487 times
11 Mon Mar 2024	565.50	576.95	576.95	556.00	0.809 times
07 Thu Mar 2024	570.75	568.00	573.90	559.70	0.554 times
06 Wed Mar 2024	566.85	594.00	594.75	555.15	2.104 times
05 Tue Mar 2024	593.45	594.80	594.85	586.40	0.685 times
04 Mon Mar 2024	590.00	576.80	595.75	576.05	1.974 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 546.1, but if it comes above 546.1, then a intra day buy could be more profitable.
If you take a sell trade below 546.1, then use 546.1 as stoploss and 526.4 as target. However if you take a buy trade in stock , then use 546.1 as stoploss and 562.55 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	535.00
Upside Target	576.95
Upside Target	580.50
Upside Target	582.75
Upside Target	583.60
Upside Target	595.75
Upside Target	620.00

Intraday share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Intraday Target	536.53
Downside Intraday Target	530.32
Upside Intraday Target	547.43
Upside Intraday Target	552.12
Downside Intraday Target	541.22

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	542.75	543.15	545.90	535.00	0.184 times
15 Fri Mar 2024	543.15	576.95	576.95	522.05	0.872 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

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
18 Mon Mar 2024	542.75	568.00	595.75	522.05	0.343 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 losing momentum.

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

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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Gujarat Gas in short term but BUY signal is weak.

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 560.78 and Gujarat Gas (GUJGASLTD) 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.