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

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

Showing technical analysis as on 2024-04-02 View latest technical analysis

10 day averaged volume of Gujarat Gas is 882244

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	540.90	547.95	553.20	534.10	1.498 times
01 Mon Apr 2024	547.70	544.95	555.80	544.25	0.384 times
28 Thu Mar 2024	544.25	545.00	547.00	538.30	0.792 times
27 Wed Mar 2024	541.75	549.35	556.45	539.90	1.106 times
26 Tue Mar 2024	549.30	529.00	553.05	525.05	1.172 times
22 Fri Mar 2024	528.85	528.50	532.20	524.15	0.36 times
21 Thu Mar 2024	529.05	515.30	530.80	515.30	0.881 times
20 Wed Mar 2024	516.60	518.45	518.65	498.35	2.685 times
19 Tue Mar 2024	520.85	543.00	543.00	516.25	0.64 times
18 Mon Mar 2024	542.75	543.15	545.90	535.00	0.956 times

My analysis of stock is bearish for shortterm, and stock might move down till 528.4 or till 502.9. Use a stoploss of 549.52 and if the stock hits stoploss, then it can shoot up till 570.69

Share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Target	431.25
Downside Target	461.70
Downside Target	498.35
Downside Target	512.00
Upside Target	545.90
Upside Target	555.80
Upside Target	556.45
Upside Target	576.95
Upside Target	582.75
Upside Target	595.75
Upside Target	620.00

Intraday share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Intraday Target	531.4
Downside Intraday Target	521.9
Upside Intraday Target	553.1
Upside Intraday Target	565.3
Upside Intraday Target	543.6

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	540.90	544.95	555.80	534.10	0.613 times
28 Thu Mar 2024	544.25	529.00	556.45	525.05	0.556 times
22 Fri Mar 2024	528.85	543.15	545.90	498.35	1.062 times
15 Fri Mar 2024	543.15	576.95	576.95	522.05	0.872 times
07 Thu Mar 2024	570.75	576.80	595.75	555.15	0.826 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 Gas (GUJGASLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	540.90	544.95	555.80	534.10	0.089 times
28 Thu Mar 2024	544.25	568.00	595.75	498.35	0.539 times
29 Thu Feb 2024	565.35	587.40	620.00	512.00	0.743 times
31 Wed Jan 2024	581.30	464.80	582.75	461.70	1.492 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 Gas (GUJGASLTD)

Price action analysis of Gujarat Gas ( (GUJGASLTD) ) 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 Gas ( (GUJGASLTD) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Gujarat Gas ( (GUJGASLTD) ) 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 Gas ( (GUJGASLTD) ) 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 Gas stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Gujarat Gas in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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

CCI has generated a SELL signal for Gujarat Gas in short term but SELL 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

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 533.74 and Gujarat Gas (GUJGASLTD) 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 Gas (GUJGASLTD) stock. Volume based technical analysis of Gujarat Gas (GUJGASLTD) stock is negative.

Gujarat Gas 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.