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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 2024-04-05 View latest technical analysis

10 day averaged volume of Gujarat Raffia is 2605

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	40.45	40.50	40.50	40.45	2.423 times
04 Thu Apr 2024	41.25	41.15	41.25	41.00	0.263 times
03 Wed Apr 2024	41.15	41.95	41.95	41.15	2.059 times
02 Tue Apr 2024	41.95	41.15	41.95	41.15	2.867 times
01 Mon Apr 2024	41.95	41.95	42.00	41.95	1.247 times
28 Thu Mar 2024	42.80	42.80	42.80	42.80	0.544 times
27 Wed Mar 2024	43.65	43.65	43.65	43.65	0.059 times
26 Tue Mar 2024	44.55	44.55	44.55	44.55	0.369 times
22 Fri Mar 2024	45.45	45.95	45.95	45.45	1.314 times
21 Thu Mar 2024	46.35	46.35	46.35	46.35	1.013 times

Stock of Gujarat Raffia (GUJRAFFIA_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.3, but if it comes above 42.3, then a intra day buy could be more profitable.
If you take a sell trade below 42.3, then use 42.3 as stoploss and 36.6 as target. However if you take a buy trade in stock , then use 42.3 as stoploss and 47.09 as target.

Share price targets for Gujarat Raffia (GUJRAFFIA_BE)

Target Type	Value
Downside Target	38.00
Downside Target	40.45
Upside Target	42.00
Upside Target	44.55
Upside Target	45.45
Upside Target	47.70
Upside Target	49.50
Upside Target	52.65
Upside Target	53.60
Upside Target	56.80
Upside Target	62.40
Upside Target	63.40

Intraday share price targets for Gujarat Raffia (GUJRAFFIA_BE)

Target Type	Value
Downside Intraday Target	39.93
Downside Intraday Target	39.42
Upside Intraday Target	41.48
Upside Intraday Target	42.52
Upside Intraday Target	40.97

Weekly technical analysis of Gujarat Raffia (GUJRAFFIA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	40.45	41.95	42.00	40.45	9.111 times
28 Thu Mar 2024	42.80	44.55	44.55	42.80	0.371 times
22 Fri Mar 2024	45.45	48.55	48.55	45.45	1.229 times
15 Fri Mar 2024	49.50	53.60	53.60	49.50	0.115 times
07 Thu Mar 2024	54.70	52.30	56.80	47.70	1.22 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Gujarat Raffia (GUJRAFFIA_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	40.45	41.95	42.00	40.45	0.287 times
28 Thu Mar 2024	42.80	46.15	56.80	42.80	0.588 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

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 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 Raffia ( (GUJRAFFIA_BE) ) based on a short to mid 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 Raffia ( (GUJRAFFIA_BE) ) based on a mid to longer 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.

ADX buy sell signal for Gujarat Raffia stock for short term is SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Gujarat Raffia 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 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 42.37 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.