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

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

Showing technical analysis as on 2024-01-22 View latest technical analysis

10 day averaged volume of Gujarat Lease is 18425

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	8.90	8.90	8.90	8.60	6.7 times
19 Fri Jan 2024	8.50	8.50	8.50	8.50	0.956 times
18 Thu Jan 2024	8.10	8.10	8.10	8.10	2.427 times
17 Wed Jan 2024	7.75	7.75	7.75	7.75	3.34 times
16 Tue Jan 2024	7.40	7.40	7.40	7.40	1.029 times
15 Mon Jan 2024	7.05	7.05	7.05	7.05	1.294 times
05 Mon Dec 2022	2.85	2.85	2.85	2.85	0.098 times
02 Fri Dec 2022	2.85	2.85	2.85	2.85	0.011 times
01 Thu Dec 2022	2.75	2.95	2.95	2.75	0.43 times
30 Wed Nov 2022	2.85	2.85	2.95	2.85	0.053 times

Stock of Gujarat Lease (GLFL_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 9.6, for a target of 6.8 or 4.4

Share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Target	2.15
Downside Target	2.50
Downside Target	2.75
Downside Target	2.95
Downside Target	3.15
Downside Target	3.35
Downside Target	4.60
Downside Target	7.05
Downside Target	8.50
Downside Target	8.60
Downside Target	8.90

Intraday share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Intraday Target	8.7
Downside Intraday Target	8.5
Upside Intraday Target	9
Upside Intraday Target	9.1
Downside Intraday Target	8.8

Weekly technical analysis of Gujarat Lease (GLFL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	8.90	8.90	8.90	8.60	0.741 times
19 Fri Jan 2024	8.50	7.05	8.50	7.05	92.638 times
05 Mon Dec 2022	2.85	2.85	2.85	2.85	0.103 times
02 Fri Dec 2022	2.85	3.15	3.15	2.75	0.358 times
25 Fri Nov 2022	3.00	2.95	3.15	2.80	8.561 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 Lease (GLFL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	8.90	7.05	8.90	7.05	29.274 times
05 Mon Dec 2022	2.85	2.95	2.95	2.75	0.122 times
30 Wed Nov 2022	2.85	2.50	3.15	2.15	1.027 times
31 Mon Oct 2022	2.60	3.20	3.20	2.50	3.043 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Gujarat Lease (GLFL_BE)

Price action analysis of Gujarat Lease ( (GLFL_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Gujarat Lease ( (GLFL_BE) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Gujarat Lease ( (GLFL_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 Lease stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Gujarat Lease 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 Lease 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Gujarat Lease 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.06 and Gujarat Lease (GLFL_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 Lease (GLFL_BE) stock. Volume based technical analysis of Gujarat Lease (GLFL_BE) stock is negative.

Gujarat Lease 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.