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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 2024-06-21 View latest technical analysis

10 day averaged volume of Gujarat Gas is 1738359

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	599.75	608.10	613.45	595.35	0.898 times
20 Thu Jun 2024	608.30	612.05	623.30	605.95	0.646 times
19 Wed Jun 2024	612.05	635.25	635.25	610.20	0.637 times
18 Tue Jun 2024	635.25	632.05	638.50	622.50	0.704 times
14 Fri Jun 2024	632.05	646.20	648.95	626.85	1.004 times
13 Thu Jun 2024	636.20	615.50	644.10	610.90	1.478 times
12 Wed Jun 2024	610.50	613.75	616.00	603.00	0.847 times
11 Tue Jun 2024	607.75	593.80	618.00	577.00	1.353 times
10 Mon Jun 2024	590.00	594.80	598.00	577.40	0.831 times
07 Fri Jun 2024	588.70	577.00	590.00	567.05	1.443 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 615.2 as stoploss in an intra day sell trade for a target of 582.46. However, stock will show a bullish move above 615.2.

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	595.35
Downside Target	595.75
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	583.9
Downside Intraday Target	568.05
Upside Intraday Target	627.05
Upside Intraday Target	654.35
Upside Intraday Target	611.2

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	599.75	632.05	638.50	595.35	0.523 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
21 Fri Jun 2024	599.75	560.00	648.95	490.00	0.922 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 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 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 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 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 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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 612 and Gujarat Gas (GUJGASLTD) stock is trading below this level. This means that stock is falling with high volumes. 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.