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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 2024-06-19 View latest technical analysis

10 day averaged volume of Gujarat Gas is 1880612

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	612.05	635.25	635.25	610.20	0.589 times
18 Tue Jun 2024	635.25	632.05	638.50	622.50	0.65 times
14 Fri Jun 2024	632.05	646.20	648.95	626.85	0.928 times
13 Thu Jun 2024	636.20	615.50	644.10	610.90	1.366 times
12 Wed Jun 2024	610.50	613.75	616.00	603.00	0.783 times
11 Tue Jun 2024	607.75	593.80	618.00	577.00	1.25 times
10 Mon Jun 2024	590.00	594.80	598.00	577.40	0.768 times
07 Fri Jun 2024	588.70	577.00	590.00	567.05	1.334 times
06 Thu Jun 2024	571.10	554.35	576.00	551.40	0.977 times
05 Wed Jun 2024	550.20	537.25	553.70	514.25	0.436 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 610.5, but if it comes below 610.5, then a intra day sell could be more profitable.
If you take a sell trade below 610.5, then use 610.5 as stoploss and 578 as target. However if you take a buy trade in stock , then use 610.5 as stoploss and 649.6 as target.

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	610.20
Upside Target	620.00
Upside Target	638.50
Upside Target	648.95

Intraday share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Intraday Target	602
Downside Intraday Target	591.95
Upside Intraday Target	630.3
Upside Intraday Target	648.55
Upside Intraday Target	620.25

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	612.05	632.05	638.50	610.20	0.243 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 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
19 Wed Jun 2024	612.05	560.00	648.95	490.00	0.824 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 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 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 Weak and stock is losing momentum.

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

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 coming down

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 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 605.99 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.