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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 2024-08-23 View latest technical analysis

10 day averaged volume of Gujarat Gas is 1027255

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	594.00	598.40	598.40	590.15	1.955 times
22 Thu Aug 2024	595.40	602.90	602.90	589.25	1.204 times
21 Wed Aug 2024	596.90	589.90	602.00	584.40	1.358 times
20 Tue Aug 2024	588.00	593.00	596.85	584.00	0.795 times
19 Mon Aug 2024	590.75	602.00	605.85	589.00	0.763 times
16 Fri Aug 2024	601.20	594.30	606.55	592.50	0.636 times
14 Wed Aug 2024	592.50	601.00	602.00	584.35	0.959 times
13 Tue Aug 2024	595.75	620.00	624.95	593.65	0.643 times
12 Mon Aug 2024	618.90	605.00	620.60	603.90	0.869 times
09 Fri Aug 2024	610.70	605.00	619.90	598.10	2.298 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 595.1, but if it comes above 595.1, then a intra day buy could be more profitable.
If you take a sell trade below 595.1, then use 595.1 as stoploss and 558.3 as target. However if you take a buy trade in stock , then use 595.1 as stoploss and 625.82 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	583.38
Downside Intraday Target	572.77
Upside Intraday Target	605.23
Upside Intraday Target	616.47
Upside Intraday Target	594.62

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	594.00	602.00	605.85	584.00	1.955 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	594.00	678.40	682.75	584.00	0.616 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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

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 599.46 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.