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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 2024-05-16 View latest technical analysis

10 day averaged volume of Gujarat Gas is 1778246

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	550.90	544.90	553.70	539.30	0.456 times
15 Wed May 2024	542.55	551.35	551.35	541.45	0.246 times
14 Tue May 2024	551.40	539.55	553.90	535.05	0.753 times
13 Mon May 2024	536.75	531.00	539.25	519.35	0.351 times
10 Fri May 2024	530.05	533.40	538.00	523.25	0.373 times
09 Thu May 2024	531.95	549.00	551.30	530.00	0.664 times
08 Wed May 2024	546.25	538.95	556.00	536.15	0.733 times
07 Tue May 2024	538.40	563.00	567.00	534.20	3.466 times
06 Mon May 2024	548.20	536.20	561.80	532.65	2.065 times
03 Fri May 2024	535.90	539.80	542.00	530.80	0.542 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 550.2, but if it comes below 550.2, then a intra day sell could be more profitable.
If you take a sell trade below 550.2, then use 550.2 as stoploss and 543.55 as target. However if you take a buy trade in stock , then use 550.2 as stoploss and 558.1 as target.

Share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Target	461.70
Downside Target	498.35
Downside Target	512.00
Upside Target	553.90
Upside Target	558.00
Upside Target	567.00
Upside Target	582.75
Upside Target	584.00
Upside Target	595.75
Upside Target	620.00

Intraday share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Intraday Target	528.87
Downside Intraday Target	506.83
Upside Intraday Target	563.42
Upside Intraday Target	575.93
Downside Intraday Target	541.38

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	550.90	531.00	553.90	519.35	0.247 times
10 Fri May 2024	530.05	536.20	567.00	523.25	3.271 times
03 Fri May 2024	535.90	554.80	558.00	530.80	0.947 times
26 Fri Apr 2024	551.40	550.00	557.10	536.25	0.405 times
19 Fri Apr 2024	546.25	550.55	584.00	535.20	1.973 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
16 Thu May 2024	550.90	548.75	567.00	519.35	0.645 times
30 Tue Apr 2024	546.60	544.95	584.00	534.10	1.552 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

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 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 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 short to mid 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 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 Gas stock for short term is BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 541.84 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.