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(GUJRAFFIA_BE) Gujarat Raffia complete technical analysis [charts+indicators] | Buy/Sell Gujarat Raffia | (GUJRAFFIA_BE) share price targets

Complete technical analysis of Gujarat Raffia (GUJRAFFIA_BE) by charts plus indicators, forecast predictions and share price targets for Gujarat Raffia (GUJRAFFIA_BE)

Showing technical analysis as on 2024-02-21 View latest technical analysis

10 day averaged volume of Gujarat Raffia is 7801

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	47.50	51.45	51.45	46.85	0.893 times
20 Tue Feb 2024	49.30	50.15	50.15	46.10	1.048 times
19 Mon Feb 2024	48.10	47.95	48.10	44.50	1.796 times
16 Fri Feb 2024	45.90	46.50	46.50	42.50	1.077 times
15 Thu Feb 2024	44.50	43.20	47.70	43.20	0.558 times
14 Wed Feb 2024	45.45	45.45	45.45	45.45	0.871 times
13 Tue Feb 2024	47.80	52.65	52.65	47.80	1.146 times
12 Mon Feb 2024	50.30	51.50	51.50	50.00	2.58 times
09 Fri Feb 2024	49.05	49.90	49.90	49.00	0.209 times
08 Thu Feb 2024	50.00	48.35	50.10	48.35	0.188 times

My analysis of stock is bearish for shortterm, and stock might move down till 46.4 or till 44.3. Use a stoploss of 48.14 and if the stock hits stoploss, then it can shoot up till 49.89

Share price targets for Gujarat Raffia (GUJRAFFIA_BE)

Target Type	Value
Downside Target	30.80
Downside Target	36.45
Downside Target	38.00
Downside Target	42.50
Downside Target	44.50
Downside Target	46.05
Downside Target	47.05
Upside Target	50.70
Upside Target	50.80
Upside Target	51.45
Upside Target	52.65
Upside Target	62.40
Upside Target	63.40

Intraday share price targets for Gujarat Raffia (GUJRAFFIA_BE)

Target Type	Value
Downside Intraday Target	44.18
Downside Intraday Target	40.87
Upside Intraday Target	51.13
Upside Intraday Target	54.77
Upside Intraday Target	47.82

Weekly technical analysis of Gujarat Raffia (GUJRAFFIA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	47.50	47.95	51.45	44.50	0.6 times
16 Fri Feb 2024	45.90	51.50	52.65	42.50	2.349 times
09 Fri Feb 2024	49.05	50.70	50.70	48.35	4.515 times
02 Fri Feb 2024	50.70	47.05	50.80	47.05	0.604 times
25 Thu Jan 2024	46.15	47.95	47.95	46.05	0.777 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 Raffia (GUJRAFFIA_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	47.50	49.85	52.65	42.50	0.732 times
31 Wed Jan 2024	48.90	63.35	63.40	46.05	0.345 times
29 Fri Dec 2023	60.40	38.00	62.40	38.00	7.74 times
30 Thu Nov 2023	36.45	32.75	36.45	31.00	1.274 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 Raffia (GUJRAFFIA_BE)

Price action analysis of Gujarat Raffia ( (GUJRAFFIA_BE) ) 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 Raffia ( (GUJRAFFIA_BE) ) 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 Raffia ( (GUJRAFFIA_BE) ) based on a short to mid 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 Raffia ( (GUJRAFFIA_BE) ) 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 Raffia stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

Gujarat Raffia 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. 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 coming down

CCI has generated a buy signal for Gujarat Raffia in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 Raffia is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 48.09 and Gujarat Raffia (GUJRAFFIA_BE) 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 Raffia (GUJRAFFIA_BE) stock. Volume based technical analysis of Gujarat Raffia (GUJRAFFIA_BE) stock is negative.

Gujarat Raffia 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.