Login or Join
Learn then Earn

(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)

10 day averaged volume of Gujarat Gas is 1696978

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 551.70 551.20 556.70 543.40 0.457 times
16 Thu May 2024 550.90 544.90 553.70 539.30 0.478 times
15 Wed May 2024 542.55 551.35 551.35 541.45 0.258 times
14 Tue May 2024 551.40 539.55 553.90 535.05 0.789 times
13 Mon May 2024 536.75 531.00 539.25 519.35 0.368 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 550, but if it comes below 550, then a intra day sell could be more profitable.
If you take a sell trade below 550, then use 550 as stoploss and 543.46 as target. However if you take a buy trade in stock , then use 550 as stoploss and 557.8 as target.

Share price targets for Gujarat Gas (GUJGASLTD)

Target Type Value
Downside Target 461.70
Downside Target 498.35
Downside Target 512.00
Upside Target 556.70
Upside Target 558.00
Upside Target 567.00
Upside Target 582.75
Upside Target 584.00
Upside Target 595.75
Upside Target 620.00

Intraday share price targets for Gujarat Gas (GUJGASLTD)

Target Type Value
Downside Intraday Target 528.47
Downside Intraday Target 505.23
Upside Intraday Target 565.82
Upside Intraday Target 579.93
Downside Intraday Target 542.58

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 551.70 531.00 556.70 519.35 0.307 times
10 Fri May 2024 530.05 536.20 567.00 523.25 3.271 times
03 Fri May 2024 535.90 554.80 558.00 530.80 0.947 times
26 Fri Apr 2024 551.40 550.00 557.10 536.25 0.405 times
19 Fri Apr 2024 546.25 550.55 584.00 535.20 1.973 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
17 Fri May 2024 551.70 548.75 567.00 519.35 0.672 times
30 Tue Apr 2024 546.60 544.95 584.00 534.10 1.552 times
28 Thu Mar 2024 544.25 568.00 595.75 498.35 0.539 times
29 Thu Feb 2024 565.35 587.40 620.00 512.00 0.743 times

Price has moved up 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)

Indicator Name Indicator Value Indicator Signal
ADX 19, 13, 19 Buy
MACD -1, -3Buy
Stochastics 61None
CCI 86Buy
RSI 52Buy
OBV -7344846Sell
VWAP 543Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Gujarat Gas ( (GUJGASLTD) ) based on a short 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.

Price action analysis of Gujarat Gas ( (GUJGASLTD) ) based on a short 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.

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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Gujarat Gas in short term but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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 but buying is losing 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 542.63 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 rising upwards.

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 is giving positive 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.

Click here for Gujarat Gas charts

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme