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Technicals for Gujarat Gas Limited
By MusingTheNews
2026-02-02 20:36
Overall Technical outlook
Price Summary
2026-02-02, saw GUJGASLTD's stock open at 410.9, hit a peak of 418.7, fall to a low of 406.05, and close up 1.13% at 415.55, with 173800 shares changing hands. The stock's peak price over the last 52 weeks is 499.4, with the lowest being 370.2. Analysts' predictions indicate that GUJGASLTD's future price will be between 340.0 and 600.0, with a mean price expectation of approximately 437.22223.
Technicals
Support and Resistance: The price of 415.55 is supported at 408.65 and encounters resistance at 419.45. This suggests key levels where the price might find stability, with 408.65 providing a base and 419.45 acting as an upper boundary for GUJGASLTD. Support/Resistance for GUJGASLTD
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for GUJGASLTD. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Gujarat Gas Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for GUJGASLTD, with no strong trend emerging. Bolinger Bands chart for Gujarat Gas Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Gujarat Gas Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Gujarat Gas Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for Gujarat Gas Limited
Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Tripple SMA chart for Gujarat Gas Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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