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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 2024-06-18 View latest technical analysis

10 day averaged volume of Gujarat Gas is 2018399

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	635.25	632.05	638.50	622.50	0.606 times
14 Fri Jun 2024	632.05	646.20	648.95	626.85	0.865 times
13 Thu Jun 2024	636.20	615.50	644.10	610.90	1.273 times
12 Wed Jun 2024	610.50	613.75	616.00	603.00	0.73 times
11 Tue Jun 2024	607.75	593.80	618.00	577.00	1.165 times
10 Mon Jun 2024	590.00	594.80	598.00	577.40	0.715 times
07 Fri Jun 2024	588.70	577.00	590.00	567.05	1.243 times
06 Thu Jun 2024	571.10	554.35	576.00	551.40	0.911 times
05 Wed Jun 2024	550.20	537.25	553.70	514.25	0.406 times
04 Tue Jun 2024	533.30	570.00	571.70	490.00	1.404 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 645.3, for a target of 607.2 or 575.44

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
Downside Target	562.80
Downside Target	590.00
Downside Target	595.75
Downside Target	620.00
Downside Target	622.50
Upside Target	638.50
Upside Target	648.95

Intraday share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Intraday Target	625.67
Downside Intraday Target	616.08
Upside Intraday Target	641.67
Upside Intraday Target	648.08
Downside Intraday Target	632.08

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	635.25	632.05	638.50	622.50	0.128 times
14 Fri Jun 2024	632.05	594.80	648.95	577.00	0.904 times
07 Fri Jun 2024	588.70	560.00	590.00	490.00	2.432 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

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
18 Tue Jun 2024	635.25	560.00	648.95	490.00	0.783 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Gujarat Gas stock for short term is BUY. Signal strength is Strong and stock is losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Gujarat Gas in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 594.68 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.