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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 2024-04-02 View latest technical analysis

10 day averaged volume of Gujarat Lease is 9260

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	8.90	8.50	8.90	8.15	1.419 times
01 Mon Apr 2024	8.50	8.75	8.75	8.00	1.22 times
28 Thu Mar 2024	8.35	8.60	9.00	8.20	5.528 times
27 Wed Mar 2024	8.60	8.60	8.60	8.60	0.879 times
26 Tue Mar 2024	9.05	9.50	9.50	9.05	0.697 times
22 Fri Mar 2024	9.50	9.50	9.50	9.50	0.447 times
21 Thu Mar 2024	9.70	9.90	9.90	9.70	0.015 times
20 Wed Mar 2024	9.90	9.90	9.90	9.90	0.017 times
19 Tue Mar 2024	10.10	10.10	10.10	10.10	0.027 times
18 Mon Mar 2024	10.30	10.30	10.30	10.30	1.153 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.2, but if it comes above 9.2, then a intra day buy could be more profitable.
If you take a sell trade below 9.2, then use 9.2 as stoploss and 7.9 as target. However if you take a buy trade in stock , then use 9.2 as stoploss and 10.23 as target.

Share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Target	2.75
Downside Target	2.95
Downside Target	7.05
Downside Target	7.55
Downside Target	8.00
Downside Target	8.20
Downside Target	8.90
Upside Target	9.50
Upside Target	10.30
Upside Target	10.70
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	8.3
Downside Intraday Target	7.7
Upside Intraday Target	9.2
Upside Intraday Target	9.5
Downside Intraday Target	8.6

Weekly technical analysis of Gujarat Lease (GLFL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	8.90	8.75	8.90	8.00	0.371 times
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

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
02 Tue Apr 2024	8.90	8.75	8.90	8.00	0.193 times
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

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 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 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 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 moving up

CCI has generated a buy signal for Gujarat Lease in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 8.75 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 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.