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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 2024-08-12 View latest technical analysis

10 day averaged volume of Gujarat Gas is 1354595

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	618.90	605.00	620.60	603.90	0.659 times
09 Fri Aug 2024	610.70	605.00	619.90	598.10	1.742 times
08 Thu Aug 2024	621.65	639.00	639.90	620.10	0.36 times
07 Wed Aug 2024	636.95	649.00	654.30	631.45	1.342 times
06 Tue Aug 2024	644.50	642.00	665.00	635.15	0.487 times
05 Mon Aug 2024	642.00	648.50	654.05	628.75	0.636 times
02 Fri Aug 2024	656.90	654.80	666.00	646.55	0.416 times
01 Thu Aug 2024	657.20	678.40	682.75	655.05	0.855 times
31 Wed Jul 2024	678.90	680.70	686.90	674.10	0.98 times
30 Tue Jul 2024	677.25	674.00	687.30	671.20	1.687 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 625.6, but if it comes above 625.6, then a intra day buy could be more profitable.
If you take a sell trade below 625.6, then use 625.6 as stoploss and 604 as target. However if you take a buy trade in stock , then use 625.6 as stoploss and 643.6 as target.

Share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Target	490.00
Downside Target	519.35
Downside Target	534.10
Downside Target	568.45
Downside Target	584.00
Downside Target	598.10
Upside Target	646.55
Upside Target	651.55
Upside Target	656.90
Upside Target	665.00
Upside Target	682.75
Upside Target	687.30

Intraday share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Intraday Target	608.33
Downside Intraday Target	597.77
Upside Intraday Target	625.03
Upside Intraday Target	631.17
Downside Intraday Target	614.47

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	618.90	605.00	620.60	603.90	0.144 times
09 Fri Aug 2024	610.70	648.50	665.00	598.10	0.841 times
02 Fri Aug 2024	656.90	649.20	687.30	646.55	1.384 times
26 Fri Jul 2024	648.45	612.00	656.90	612.00	1.062 times
19 Fri Jul 2024	619.20	634.70	651.55	612.40	1.238 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
12 Mon Aug 2024	618.90	678.40	682.75	598.10	0.313 times
31 Wed Jul 2024	678.90	628.45	687.30	612.00	0.858 times
28 Fri Jun 2024	628.45	560.00	648.95	490.00	1.2 times
31 Fri May 2024	551.35	548.75	568.45	519.35	0.949 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 neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Strong and stock is losing momentum.

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

Gujarat Gas Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up 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 645.51 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.