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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 2024-04-09 View latest technical analysis

10 day averaged volume of Gujarat Gas is 1276719

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	557.35	568.20	570.00	555.00	0.882 times
08 Mon Apr 2024	565.40	552.95	567.40	552.05	1.795 times
05 Fri Apr 2024	548.35	546.95	560.00	538.40	3.308 times
04 Thu Apr 2024	546.95	546.05	554.50	544.50	0.479 times
03 Wed Apr 2024	544.35	543.70	554.00	540.00	0.747 times
02 Tue Apr 2024	540.90	547.95	553.20	534.10	1.035 times
01 Mon Apr 2024	547.70	544.95	555.80	544.25	0.266 times
28 Thu Mar 2024	544.25	545.00	547.00	538.30	0.547 times
27 Wed Mar 2024	541.75	549.35	556.45	539.90	0.764 times
26 Tue Mar 2024	549.30	529.00	553.05	525.05	0.81 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 555.7, but if it comes below 555.7, then a intra day sell could be more profitable.
If you take a sell trade below 555.7, then use 555.7 as stoploss and 542.75 as target. However if you take a buy trade in stock , then use 555.7 as stoploss and 571.1 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
Upside Target	560.00
Upside Target	570.00
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	549.6
Downside Intraday Target	541.85
Upside Intraday Target	567.55
Upside Intraday Target	577.75
Upside Intraday Target	559.8

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	557.35	552.95	570.00	552.05	0.459 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
09 Tue Apr 2024	557.35	544.95	570.00	534.10	0.585 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 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 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 tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Gujarat Gas in short term but SELL 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

Although the stock is in the BUY zone, but buying 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 550.28 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 negative.

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