Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-01 View latest technical analysis

10 day averaged volume of Gujarat Gas is 1073589

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	615.30	622.00	624.35	613.65	1.075 times
30 Mon Sep 2024	618.40	616.00	621.50	608.00	1.465 times
27 Fri Sep 2024	610.80	603.50	616.50	601.00	1.283 times
26 Thu Sep 2024	605.45	610.85	611.00	597.00	1.382 times
25 Wed Sep 2024	605.30	613.00	615.75	604.05	1.125 times
24 Tue Sep 2024	611.85	622.25	622.25	610.75	0.66 times
23 Mon Sep 2024	617.05	614.95	623.70	611.40	0.692 times
20 Fri Sep 2024	614.20	619.50	622.65	611.00	0.672 times
19 Thu Sep 2024	619.50	620.00	623.40	608.90	0.737 times
18 Wed Sep 2024	616.50	623.80	625.75	614.90	0.777 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 630.95. 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	584.00
Downside Target	597.00
Upside Target	632.00
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	607.42
Downside Intraday Target	599.53
Upside Intraday Target	623.77
Upside Intraday Target	632.23
Upside Intraday Target	615.88

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	615.30	616.00	624.35	608.00	0.494 times
27 Fri Sep 2024	610.80	614.95	623.70	597.00	1.288 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

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
01 Tue Oct 2024	615.30	622.00	624.35	613.65	0.015 times
30 Mon Sep 2024	618.40	637.15	689.95	597.00	3.188 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

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 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 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.

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

Gujarat Gas Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Gujarat Gas in short term and BUY 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

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 612.88 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 positive

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