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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)

10 day averaged volume of Gujarat Lease is 3491

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	8.95	8.95	8.95	8.95	2.738 times
23 Tue Apr 2024	9.10	9.25	9.25	9.10	0.279 times
22 Mon Apr 2024	9.25	9.40	9.40	9.25	0.097 times
19 Fri Apr 2024	9.40	9.65	9.65	9.40	0.076 times
18 Thu Apr 2024	9.60	9.60	9.60	9.60	0.61 times
16 Tue Apr 2024	9.80	9.70	9.90	9.70	1.389 times
15 Mon Apr 2024	9.90	10.10	10.10	9.90	0.221 times
12 Fri Apr 2024	10.10	10.10	10.10	10.10	0.119 times
10 Wed Apr 2024	10.30	10.50	10.50	10.30	0.561 times
09 Tue Apr 2024	10.50	10.70	10.90	10.50	4.244 times

Stock of Gujarat Lease (GLFL_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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 8.8 as stoploss in an intra day buy trade for a target of 9.49. However, stock will show a bearish move below 8.8.

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	9.40
Upside Target	10.10
Upside Target	10.20
Upside Target	10.70
Upside Target	10.90
Upside Target	11.70

Intraday share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Intraday Target	8.8
Downside Intraday Target	8.65
Upside Intraday Target	9.25
Upside Intraday Target	9.55
Upside Intraday Target	9.1

Weekly technical analysis of Gujarat Lease (GLFL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	8.95	9.40	9.40	8.95	1.357 times
19 Fri Apr 2024	9.40	10.10	10.10	9.40	0.313 times
12 Fri Apr 2024	10.10	10.70	10.90	10.10	0.453 times
05 Fri Apr 2024	10.20	8.75	10.20	8.00	0.858 times
28 Thu Mar 2024	8.35	9.50	9.50	8.20	4.283 times

Price has moved down 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
24 Wed Apr 2024	8.95	8.75	10.90	8.00	0.796 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 gaining 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 BUY signal in short term and the buying is gaining 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 9.86 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.