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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 2024-03-05 View latest technical analysis

10 day averaged volume of Gujarat Raffia is 6655

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	54.10	52.05	54.65	51.00	3.035 times
04 Mon Mar 2024	52.05	52.30	52.50	47.70	1.151 times
02 Sat Mar 2024	50.00	50.00	50.00	49.75	0.528 times
01 Fri Mar 2024	47.70	46.15	48.60	45.30	2.066 times
29 Thu Feb 2024	46.35	47.80	47.80	46.05	0.122 times
28 Wed Feb 2024	47.00	46.00	47.75	44.50	1.586 times
27 Tue Feb 2024	46.00	46.50	46.85	44.75	0.99 times
26 Mon Feb 2024	46.85	46.30	47.95	46.30	0.665 times
23 Fri Feb 2024	46.25	49.00	49.00	46.10	1.421 times
22 Thu Feb 2024	48.50	49.00	49.00	46.55	0.423 times

Stock of Gujarat Raffia (GUJRAFFIA_BE) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 53.2, for a target of 50.4 or 48.14

Share price targets for Gujarat Raffia (GUJRAFFIA_BE)

Target Type	Value
Downside Target	31.00
Downside Target	36.45
Downside Target	38.00
Downside Target	42.50
Downside Target	44.50
Downside Target	47.70
Downside Target	50.00
Downside Target	52.65
Upside Target	54.65
Upside Target	62.40
Upside Target	63.40

Intraday share price targets for Gujarat Raffia (GUJRAFFIA_BE)

Target Type	Value
Downside Intraday Target	49.65
Downside Intraday Target	45.2
Upside Intraday Target	56.6
Upside Intraday Target	59.1
Downside Intraday Target	52.15

Weekly technical analysis of Gujarat Raffia (GUJRAFFIA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	54.10	52.30	54.65	47.70	0.703 times
02 Sat Mar 2024	50.00	46.30	50.00	44.50	0.957 times
23 Fri Feb 2024	46.25	47.95	51.45	44.50	0.852 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

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
05 Tue Mar 2024	54.10	46.15	54.65	45.30	0.329 times
29 Thu Feb 2024	46.35	49.85	52.65	42.50	0.98 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

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 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 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 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 BUY signal for Gujarat Raffia 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 Raffia 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 Raffia in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Gujarat Raffia is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.4 and Gujarat Raffia (GUJRAFFIA_BE) 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 Raffia (GUJRAFFIA_BE) stock. Volume based technical analysis of Gujarat Raffia (GUJRAFFIA_BE) stock is negative.

Gujarat Raffia 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.