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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 2024-04-04 View latest technical analysis

10 day averaged volume of Gujarat Gas is 935111

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	546.95	546.05	554.50	544.50	0.654 times
03 Wed Apr 2024	544.35	543.70	554.00	540.00	1.02 times
02 Tue Apr 2024	540.90	547.95	553.20	534.10	1.414 times
01 Mon Apr 2024	547.70	544.95	555.80	544.25	0.363 times
28 Thu Mar 2024	544.25	545.00	547.00	538.30	0.747 times
27 Wed Mar 2024	541.75	549.35	556.45	539.90	1.044 times
26 Tue Mar 2024	549.30	529.00	553.05	525.05	1.106 times
22 Fri Mar 2024	528.85	528.50	532.20	524.15	0.34 times
21 Thu Mar 2024	529.05	515.30	530.80	515.30	0.832 times
20 Wed Mar 2024	516.60	518.45	518.65	498.35	2.533 times

My analysis of stock is bullish for shortterm, and stock might move up till 563.5 or till 584.9. Use a stoploss of 545.74 and if this stock hits its stoploss, then it can fall down till 527.95

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
Downside 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	535.43
Downside Intraday Target	523.92
Upside Intraday Target	557.13
Upside Intraday Target	567.32
Downside Intraday Target	545.62

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	546.95	544.95	555.80	534.10	1.191 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 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 Gas (GUJGASLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	546.95	544.95	555.80	534.10	0.174 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 losing 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Gujarat Gas in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 535.64 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 is giving positive 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.