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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 2024-05-30 View latest technical analysis

10 day averaged volume of Gujarat Gas is 696539

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	540.00	555.05	555.05	535.65	1.099 times
29 Wed May 2024	555.05	548.20	557.55	544.55	1.068 times
28 Tue May 2024	547.35	554.00	559.95	540.00	0.664 times
27 Mon May 2024	554.40	560.95	562.80	551.15	0.829 times
24 Fri May 2024	556.50	560.00	567.00	555.20	1.095 times
23 Thu May 2024	560.75	563.00	563.55	550.10	1.047 times
22 Wed May 2024	558.00	563.00	568.45	556.05	1.511 times
21 Tue May 2024	560.80	554.00	563.00	550.35	1.351 times
18 Sat May 2024	553.75	555.00	558.20	551.15	0.157 times
17 Fri May 2024	551.70	551.20	556.70	543.40	1.114 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 538.3 as stoploss in an intra day buy trade for a target of 547.53. However, stock will show a bearish move below 538.3.

Share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Target	461.70
Downside Target	498.35
Downside Target	512.00
Upside Target	550.10
Upside Target	562.80
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	529.5
Downside Intraday Target	519
Upside Intraday Target	556.65
Upside Intraday Target	573.3
Upside Intraday Target	546.15

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	540.00	560.95	562.80	535.65	0.731 times
24 Fri May 2024	556.50	554.00	568.45	550.10	0.851 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

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
30 Thu May 2024	540.00	548.75	568.45	519.35	0.886 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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

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. 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 Gas in short term and SELL 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 554.41 and Gujarat Gas (GUJGASLTD) 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 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.