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(GULPOLY) Gulshan Polyols complete technical analysis [charts+indicators] | Buy/Sell Gulshan Polyols | (GULPOLY) share price targets

Complete technical analysis of Gulshan Polyols (GULPOLY) by charts plus indicators, forecast predictions and share price targets for Gulshan Polyols (GULPOLY)

10 day averaged volume of Gulshan Polyols is 118409

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 185.75 191.00 196.95 184.90 3.952 times
21 Tue May 2024 196.95 200.40 201.90 196.00 0.671 times
20 Mon May 2024 199.40 201.00 201.75 198.50 0.233 times
17 Fri May 2024 200.55 202.00 205.30 199.35 0.777 times
16 Thu May 2024 202.10 203.25 204.40 201.25 0.33 times

Stock of Gulshan Polyols (GULPOLY) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 187.3, for a target of 196.1 or 203.45

Share price targets for Gulshan Polyols (GULPOLY)

Target Type Value
Downside Target 159.90
Downside Target 163.45
Downside Target 184.90
Upside Target 191.55
Upside Target 199.20
Upside Target 214.75
Upside Target 220.50
Upside Target 221.75
Upside Target 224.00
Upside Target 231.85

Intraday share price targets for Gulshan Polyols (GULPOLY)

Target Type Value
Downside Intraday Target 179.8
Downside Intraday Target 173.85
Upside Intraday Target 196.8
Upside Intraday Target 207.85
Upside Intraday Target 190.85

Weekly technical analysis of Gulshan Polyols (GULPOLY)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 185.75 201.00 201.90 184.90 1.699 times
17 Fri May 2024 200.55 197.80 205.30 192.55 0.242 times
10 Fri May 2024 196.75 206.00 224.00 192.55 1.303 times
03 Fri May 2024 205.20 213.55 221.75 200.25 1.517 times
26 Fri Apr 2024 212.95 206.00 214.75 204.45 1.204 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Gulshan Polyols (GULPOLY)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 185.75 212.85 224.00 184.90 0.493 times
30 Tue Apr 2024 212.85 163.45 221.75 163.45 1.403 times
28 Thu Mar 2024 162.15 197.95 201.90 159.90 0.719 times
29 Thu Feb 2024 195.45 202.00 220.50 191.55 1.613 times

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 Gulshan Polyols (GULPOLY)

Indicator Name Indicator Value Indicator Signal
ADX 19, 38, 32 Sell
MACD -1, 2Sell
Stochastics 22Sell
CCI -230Sell
RSI 45Sell
OBV 558215Sell
VWAP 193Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Gulshan Polyols ( (GULPOLY) ) 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 Gulshan Polyols ( (GULPOLY) ) 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 Gulshan Polyols ( (GULPOLY) ) 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 Gulshan Polyols ( (GULPOLY) ) 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 Gulshan Polyols stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Gulshan Polyols in short term and the sell signal is strong.

Gulshan Polyols Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 coming down

CCI has generated a SELL signal for Gulshan Polyols in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Gulshan Polyols is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 193.39 and Gulshan Polyols (GULPOLY) 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 Gulshan Polyols (GULPOLY) stock. Volume based technical analysis of Gulshan Polyols (GULPOLY) stock is negative.

Gulshan Polyols 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.

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