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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 2024-09-19 View latest technical analysis

10 day averaged volume of Gujarat Gas is 1488650

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	619.50	620.00	623.40	608.90	0.531 times
18 Wed Sep 2024	616.50	623.80	625.75	614.90	0.56 times
17 Tue Sep 2024	623.95	634.75	641.45	621.50	0.871 times
16 Mon Sep 2024	630.30	632.95	634.70	623.35	0.431 times
13 Fri Sep 2024	633.00	643.90	644.45	632.00	0.375 times
12 Thu Sep 2024	639.35	647.05	650.50	636.85	0.706 times
11 Wed Sep 2024	644.60	654.50	658.20	637.85	0.644 times
10 Tue Sep 2024	654.15	660.55	662.35	644.70	0.983 times
09 Mon Sep 2024	653.75	664.80	665.45	641.95	1.154 times
06 Fri Sep 2024	667.00	672.50	685.00	664.55	1.393 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 605.8 as stoploss in an intra day buy trade for a target of 634.05. However, stock will show a bearish move below 605.8.

Share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Target	490.00
Downside Target	519.35
Downside Target	568.45
Downside Target	584.00
Downside Target	605.85
Upside Target	630.75
Upside Target	641.45
Upside Target	648.95
Upside Target	665.45
Upside Target	682.75
Upside Target	687.30
Upside Target	689.95

Intraday share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Intraday Target	605.12
Downside Intraday Target	590.73
Upside Intraday Target	637.67
Upside Intraday Target	655.83
Upside Intraday Target	623.28

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	619.50	632.95	641.45	608.90	0.62 times
13 Fri Sep 2024	633.00	664.80	665.45	632.00	0.093 times
06 Fri Sep 2024	667.00	637.15	689.95	630.75	8.31 times
30 Fri Aug 2024	606.95	597.70	615.90	588.60	1.194 times
23 Fri Aug 2024	594.00	602.00	605.85	584.00	1.955 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
19 Thu Sep 2024	619.50	637.15	689.95	608.90	2.873 times
30 Fri Aug 2024	606.95	678.40	682.75	584.00	0.881 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 mid to longer 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.

ADX buy sell signal for Gujarat Gas stock for short term is SELL. Signal strength is Weak and stock is gaining 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 red color and prices are below the red cloud Prices appear to be moving up

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 but buying is losing 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 643.27 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.