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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 2024-06-05 View latest technical analysis

10 day averaged volume of Gujarat Gas is 1234066

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	550.20	537.25	553.70	514.25	0.664 times
04 Tue Jun 2024	533.30	570.00	571.70	490.00	2.297 times
03 Mon Jun 2024	569.45	560.00	577.00	555.35	2.108 times
31 Fri May 2024	551.35	538.10	558.00	538.10	1.467 times
30 Thu May 2024	540.00	555.05	555.05	535.65	0.62 times
29 Wed May 2024	555.05	548.20	557.55	544.55	0.603 times
28 Tue May 2024	547.35	554.00	559.95	540.00	0.375 times
27 Mon May 2024	554.40	560.95	562.80	551.15	0.468 times
24 Fri May 2024	556.50	560.00	567.00	555.20	0.618 times
23 Thu May 2024	560.75	563.00	563.55	550.10	0.591 times

My analysis of stock is bullish for shortterm, and stock might move up till 559.6 or till 571.9. Use a stoploss of 549.31 and if this stock hits its stoploss, then it can fall down till 539.03

Share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Target	490.00
Downside Target	512.00
Downside Target	534.10
Downside Target	550.10
Upside Target	567.00
Upside Target	568.45
Upside Target	577.00
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	501.13
Downside Intraday Target	452.07
Upside Intraday Target	588.13
Upside Intraday Target	626.07
Downside Intraday Target	539.07

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	550.20	560.00	577.00	490.00	1.435 times
31 Fri May 2024	551.35	560.95	562.80	535.65	1.251 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

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
05 Wed Jun 2024	550.20	560.00	577.00	490.00	0.229 times
31 Fri May 2024	551.35	548.75	568.45	519.35	0.949 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

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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. 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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 551.33 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 positive

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