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

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

Gujarat Mineral trades in NSE in Coal sector.

Showing technical analysis as on 2024-03-05 View latest technical analysis

10 day averaged volume of Gujarat Mineral is 1464201

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	394.50	398.70	400.85	393.25	0.493 times
04 Mon Mar 2024	396.90	392.00	404.40	392.00	1.198 times
02 Sat Mar 2024	398.25	399.05	401.65	392.00	0.094 times
01 Fri Mar 2024	398.25	392.20	403.90	392.05	0.802 times
29 Thu Feb 2024	389.90	390.45	396.00	382.80	0.847 times
28 Wed Feb 2024	391.40	402.00	406.70	390.00	0.987 times
27 Tue Feb 2024	402.00	404.00	413.00	399.05	1.044 times
26 Mon Feb 2024	404.40	410.00	414.90	402.95	0.851 times
23 Fri Feb 2024	414.50	415.25	419.80	411.00	1.117 times
22 Thu Feb 2024	415.55	403.00	420.90	391.85	2.165 times

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 386.7 as stoploss in an intra day buy trade for a target of 407.06. However, stock will show a bearish move below 386.7.

Share price targets for Gujarat Mineral (GMDCLTD)

Target Type	Value
Downside Target	307.10
Downside Target	362.55
Downside Target	376.10
Downside Target	391.85
Upside Target	404.40
Upside Target	420.90
Upside Target	425.90
Upside Target	439.00
Upside Target	450.00
Upside Target	502.90
Upside Target	506.00

Intraday share price targets for Gujarat Mineral (GMDCLTD)

Target Type	Value
Downside Intraday Target	389.53
Downside Intraday Target	384.57
Upside Intraday Target	401.93
Upside Intraday Target	409.37
Upside Intraday Target	396.97

Weekly technical analysis of Gujarat Mineral (GMDCLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	394.50	392.00	404.40	392.00	0.366 times
02 Sat Mar 2024	398.25	410.00	414.90	382.80	0.61 times
23 Fri Feb 2024	414.50	409.55	420.90	391.85	0.552 times
16 Fri Feb 2024	407.80	412.00	425.90	362.55	0.7 times
09 Fri Feb 2024	429.75	477.30	506.00	414.25	1.991 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 Mineral (GMDCLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	394.50	392.20	404.40	392.00	0.052 times
29 Thu Feb 2024	389.90	455.95	506.00	362.55	0.598 times
31 Wed Jan 2024	458.00	409.45	502.90	407.90	1.277 times
29 Fri Dec 2023	407.00	413.00	450.00	376.10	0.54 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 Mineral (GMDCLTD)

Price action analysis of Gujarat Mineral ( (GMDCLTD) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Gujarat Mineral ( (GMDCLTD) ) 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 Mineral ( (GMDCLTD) ) 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 Mineral ( (GMDCLTD) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a SELL signal for Gujarat Mineral in short term and the sell signal is strong.

Gujarat Mineral Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Mineral 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Gujarat Mineral is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 403.19 and Gujarat Mineral (GMDCLTD) 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 Mineral (GMDCLTD) stock. Volume based technical analysis of Gujarat Mineral (GMDCLTD) stock is negative.

Gujarat Mineral 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.