Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-22 View latest technical analysis

10 day averaged volume of Gujarat Gas is 818575

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed May 2024	558.00	563.00	568.45	556.05	1.286 times
21 Tue May 2024	560.80	554.00	563.00	550.35	1.149 times
18 Sat May 2024	553.75	555.00	558.20	551.15	0.133 times
17 Fri May 2024	551.70	551.20	556.70	543.40	0.948 times
16 Thu May 2024	550.90	544.90	553.70	539.30	0.99 times
15 Wed May 2024	542.55	551.35	551.35	541.45	0.535 times
14 Tue May 2024	551.40	539.55	553.90	535.05	1.637 times
13 Mon May 2024	536.75	531.00	539.25	519.35	0.763 times
10 Fri May 2024	530.05	533.40	538.00	523.25	0.809 times
09 Thu May 2024	531.95	549.00	551.30	530.00	1.443 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 553.8, but if it comes below 553.8, then a intra day sell could be more profitable.
If you take a sell trade below 553.8, then use 553.8 as stoploss and 545.53 as target. However if you take a buy trade in stock , then use 553.8 as stoploss and 563.7 as target.

Share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Target	461.70
Downside Target	498.35
Downside Target	512.00
Downside Target	550.35
Upside Target	558.20
Upside Target	567.00
Upside Target	568.45
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	549.42
Downside Intraday Target	540.83
Upside Intraday Target	567.52
Upside Intraday Target	577.03
Upside Intraday Target	558.93

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed May 2024	558.00	554.00	568.45	550.35	0.487 times
18 Sat May 2024	553.75	531.00	558.20	519.35	0.316 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

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
22 Wed May 2024	558.00	548.75	568.45	519.35	0.745 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 to mid 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 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 Strong and stock is gaining momentum.

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

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 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 547.08 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.