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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 2024-04-08 View latest technical analysis

10 day averaged volume of Gujarat Gas is 1125267

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	565.40	552.95	567.40	552.05	2.037 times
05 Fri Apr 2024	548.35	546.95	560.00	538.40	3.753 times
04 Thu Apr 2024	546.95	546.05	554.50	544.50	0.543 times
03 Wed Apr 2024	544.35	543.70	554.00	540.00	0.847 times
02 Tue Apr 2024	540.90	547.95	553.20	534.10	1.175 times
01 Mon Apr 2024	547.70	544.95	555.80	544.25	0.301 times
28 Thu Mar 2024	544.25	545.00	547.00	538.30	0.621 times
27 Wed Mar 2024	541.75	549.35	556.45	539.90	0.867 times
26 Tue Mar 2024	549.30	529.00	553.05	525.05	0.919 times
22 Fri Mar 2024	528.85	528.50	532.20	524.15	0.282 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 557.4, but if it comes below 557.4, then a intra day sell could be more profitable.
If you take a sell trade below 557.4, then use 557.4 as stoploss and 543.42 as target. However if you take a buy trade in stock , then use 557.4 as stoploss and 574.1 as target.

Share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Target	431.25
Downside Target	461.70
Downside Target	498.35
Downside Target	512.00
Downside Target	545.90
Downside Target	560.00
Upside Target	567.40
Upside Target	576.95
Upside Target	582.75
Upside Target	595.75
Upside Target	620.00

Intraday share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Intraday Target	555.83
Downside Intraday Target	546.27
Upside Intraday Target	571.18
Upside Intraday Target	576.97
Downside Intraday Target	561.62

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	565.40	552.95	567.40	552.05	0.308 times
05 Fri Apr 2024	548.35	544.95	560.00	534.10	2.75 times
28 Thu Mar 2024	544.25	529.00	556.45	525.05	0.556 times
22 Fri Mar 2024	528.85	543.15	545.90	498.35	1.062 times
15 Fri Mar 2024	543.15	576.95	576.95	522.05	0.872 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
08 Mon Apr 2024	565.40	544.95	567.40	534.10	0.525 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
31 Wed Jan 2024	581.30	464.80	582.75	461.70	1.492 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 neutral. A longer time frame might give a better analysis.

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

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

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 red color and prices are in or above the red 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 SELL signal in short term but selling is losing 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 549.12 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.