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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 2024-08-26 View latest technical analysis

10 day averaged volume of Gujarat Gas is 1179308

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	599.45	597.70	601.45	588.60	0.806 times
23 Fri Aug 2024	594.00	598.40	598.40	590.15	1.703 times
22 Thu Aug 2024	595.40	602.90	602.90	589.25	1.049 times
21 Wed Aug 2024	596.90	589.90	602.00	584.40	1.183 times
20 Tue Aug 2024	588.00	593.00	596.85	584.00	0.693 times
19 Mon Aug 2024	590.75	602.00	605.85	589.00	0.665 times
16 Fri Aug 2024	601.20	594.30	606.55	592.50	0.554 times
14 Wed Aug 2024	592.50	601.00	602.00	584.35	0.836 times
13 Tue Aug 2024	595.75	620.00	624.95	593.65	0.56 times
12 Mon Aug 2024	618.90	605.00	620.60	603.90	0.757 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 592.6 as stoploss in an intra day buy trade for a target of 623.37. However, stock will show a bearish move below 592.6.

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	624.95
Upside Target	646.55
Upside Target	648.95
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	591.55
Downside Intraday Target	583.65
Upside Intraday Target	604.4
Upside Intraday Target	609.35
Downside Intraday Target	596.5

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	599.45	597.70	601.45	588.60	0.152 times
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

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
26 Mon Aug 2024	599.45	678.40	682.75	584.00	0.65 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Gujarat Gas ( (GUJGASLTD) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 moving up

CCI has generated a buy signal for Gujarat Gas in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 596.9 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 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.