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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 2024-08-21 View latest technical analysis

10 day averaged volume of Gujarat Gas is 1011809

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	596.90	589.90	602.00	584.40	1.379 times
20 Tue Aug 2024	588.00	593.00	596.85	584.00	0.807 times
19 Mon Aug 2024	590.75	602.00	605.85	589.00	0.775 times
16 Fri Aug 2024	601.20	594.30	606.55	592.50	0.646 times
14 Wed Aug 2024	592.50	601.00	602.00	584.35	0.974 times
13 Tue Aug 2024	595.75	620.00	624.95	593.65	0.653 times
12 Mon Aug 2024	618.90	605.00	620.60	603.90	0.882 times
09 Fri Aug 2024	610.70	605.00	619.90	598.10	2.333 times
08 Thu Aug 2024	621.65	639.00	639.90	620.10	0.482 times
07 Wed Aug 2024	636.95	649.00	654.30	631.45	1.797 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 601.8, but if it comes above 601.8, then a intra day buy could be more profitable.
If you take a sell trade below 601.8, then use 601.8 as stoploss and 566.4 as target. However if you take a buy trade in stock , then use 601.8 as stoploss and 631.26 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
Upside Target	598.10
Upside Target	624.95
Upside Target	646.55
Upside Target	648.95
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	585.32
Downside Intraday Target	573.73
Upside Intraday Target	607.17
Upside Intraday Target	617.43
Downside Intraday Target	595.58

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	596.90	602.00	605.85	584.00	0.939 times
16 Fri Aug 2024	601.20	605.00	624.95	584.35	0.516 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

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 Wed Aug 2024	596.90	678.40	682.75	584.00	0.501 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 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 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 and the sell signal is strong.

Gujarat Gas Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 negative zone. This is the SELL 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 608.21 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.