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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 2024-03-28 View latest technical analysis

10 day averaged volume of Gujarat Lease is 3581

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	8.35	8.60	9.00	8.20	14.295 times
27 Wed Mar 2024	8.60	8.60	8.60	8.60	2.273 times
26 Tue Mar 2024	9.05	9.50	9.50	9.05	1.803 times
22 Fri Mar 2024	9.50	9.50	9.50	9.50	1.155 times
21 Thu Mar 2024	9.70	9.90	9.90	9.70	0.038 times
20 Wed Mar 2024	9.90	9.90	9.90	9.90	0.044 times
19 Tue Mar 2024	10.10	10.10	10.10	10.10	0.071 times
18 Mon Mar 2024	10.30	10.30	10.30	10.30	2.982 times
15 Fri Mar 2024	10.50	10.50	10.50	10.50	0.043 times
14 Thu Mar 2024	10.70	10.70	10.70	10.70	1.366 times

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

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 8.3, for a target of 9.5 or 10.44

Share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Target	2.15
Downside Target	2.75
Downside Target	2.95
Downside Target	3.15
Downside Target	7.05
Downside Target	7.55
Downside Target	8.20
Upside Target	8.90
Upside Target	9.50
Upside Target	10.10
Upside Target	11.10
Upside Target	11.25
Upside Target	11.30
Upside Target	11.70

Intraday share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Intraday Target	7.87
Downside Intraday Target	7.38
Upside Intraday Target	9.17
Upside Intraday Target	9.98
Upside Intraday Target	8.68

Weekly technical analysis of Gujarat Lease (GLFL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	8.35	9.50	9.50	8.20	4.283 times
22 Fri Mar 2024	9.50	10.30	10.30	9.50	0.771 times
15 Fri Mar 2024	10.50	11.30	11.30	10.50	0.864 times
07 Thu Mar 2024	11.50	11.25	11.70	11.25	0.764 times
02 Sat Mar 2024	11.10	10.10	11.10	10.10	0.69 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 Lease (GLFL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	8.35	10.90	11.70	8.20	0.32 times
29 Thu Feb 2024	10.70	7.85	10.70	7.55	0.843 times
31 Wed Jan 2024	8.00	7.05	8.90	7.05	47.418 times
05 Mon Dec 2022	2.85	2.95	2.95	2.75	0.122 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 Lease (GLFL_BE)

Price action analysis of Gujarat Lease ( (GLFL_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 Lease ( (GLFL_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 Lease ( (GLFL_BE) ) based on a mid to longer 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

ADX buy sell signal for Gujarat Lease stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Gujarat Lease in short term but the sell signal is initial and weak.

Gujarat Lease 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Gujarat Lease in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 8.87 and Gujarat Lease (GLFL_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 Lease (GLFL_BE) stock. Volume based technical analysis of Gujarat Lease (GLFL_BE) stock is negative.

Gujarat Lease 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.