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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 2024-09-23 View latest technical analysis

10 day averaged volume of Gujarat Gas is 1003465

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	617.05	614.95	623.70	611.40	0.741 times
20 Fri Sep 2024	614.20	619.50	622.65	611.00	0.719 times
19 Thu Sep 2024	619.50	620.00	623.40	608.90	0.788 times
18 Wed Sep 2024	616.50	623.80	625.75	614.90	0.831 times
17 Tue Sep 2024	623.95	634.75	641.45	621.50	1.292 times
16 Mon Sep 2024	630.30	632.95	634.70	623.35	0.64 times
13 Fri Sep 2024	633.00	643.90	644.45	632.00	0.556 times
12 Thu Sep 2024	639.35	647.05	650.50	636.85	1.047 times
11 Wed Sep 2024	644.60	654.50	658.20	637.85	0.956 times
10 Tue Sep 2024	654.15	660.55	662.35	644.70	1.458 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 609.7 as stoploss in an intra day buy trade for a target of 635.94. However, stock will show a bearish move below 609.7.

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	608.90
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	611.07
Downside Intraday Target	605.08
Upside Intraday Target	623.37
Upside Intraday Target	629.68
Upside Intraday Target	617.38

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	617.05	614.95	623.70	611.40	0.173 times
20 Fri Sep 2024	614.20	632.95	641.45	608.90	0.745 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

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
23 Mon Sep 2024	617.05	637.15	689.95	608.90	2.932 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 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 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 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 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 positive zone. This is a BUY 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 631.39 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.