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Technicals for Gujarat Gas Limited
By MusingTheNews
2025-09-04 20:30
Overall Technical outlook
Price Summary
On 2025-09-03, Gujarat Gas Limited's stock began at 440.55, peaked at 447.65, declined to 437.8, and ended the day 0.41% higher at 442.35, with 260699 shares traded. During the past 52 weeks, the highest stock price was 677.95, and the lowest was 370.2. Future price predictions suggest a range between 350.0 and 615.0, with an average expected price of 467.67856, as per 28 analysts.
Technicals
Support and Resistance: The current price for GUJGASLTD is 442.35, supported at 429.2 with resistance at 445.3. This indicates a trading range where 429.2 might prevent further declines, while 445.3 could hinder additional gains. Support/Resistance for GUJGASLTD
Aroon: The AROON is in a neutral stance for GUJGASLTD, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for Gujarat Gas Limited
Bol. Bands: The current price for GUJGASLTD has recently crossed above the upper Bollinger Band, signaling a strong bullish move. This breakout indicates that buying pressure is pushing prices higher than the usual range, often seen as a sign of increased momentum. Such a move may suggest that the market is experiencing heightened optimism, potentially leading to further upward price action. Bolinger Bands chart for Gujarat Gas Limited
Parabolic SAR: The PSAR for GUJGASLTD continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. 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 current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Tripple SMA chart for Gujarat Gas Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
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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