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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)

10 day averaged volume of Gujarat Gas is 1618436

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	543.20	544.90	547.20	540.00	0.347 times
24 Wed Apr 2024	544.05	543.20	548.75	540.65	0.358 times
23 Tue Apr 2024	542.10	543.15	549.70	540.05	0.358 times
22 Mon Apr 2024	542.95	550.00	556.05	536.25	1.062 times
19 Fri Apr 2024	546.25	552.00	552.00	535.20	0.672 times
18 Thu Apr 2024	553.35	557.85	570.00	550.65	0.938 times
16 Tue Apr 2024	553.50	584.00	584.00	551.90	3 times
15 Mon Apr 2024	572.95	550.55	577.60	540.20	1.786 times
12 Fri Apr 2024	560.55	566.00	567.60	558.05	0.387 times
10 Wed Apr 2024	565.60	560.00	571.90	557.90	0.743 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 541.5 as stoploss in an intra day buy trade for a target of 550.54. However, stock will show a bearish move below 541.5.

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	525.05
Upside Target	552.05
Upside Target	560.00
Upside Target	571.90
Upside Target	582.75
Upside Target	584.00
Upside Target	595.75
Upside Target	620.00

Intraday share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Intraday Target	534.28
Downside Intraday Target	525.37
Upside Intraday Target	554.08
Upside Intraday Target	564.97
Upside Intraday Target	545.17

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	543.20	550.00	556.05	536.25	0.332 times
19 Fri Apr 2024	546.25	550.55	584.00	535.20	1.973 times
12 Fri Apr 2024	560.55	552.95	571.90	552.05	0.704 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

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
25 Thu Apr 2024	543.20	544.95	584.00	534.10	1.427 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 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 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Gujarat Gas ( (GUJGASLTD) ) based on a mid to longer 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.

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 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 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 BUY signal in short term and the buying is gaining 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 555.49 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.