Overall Technical outlook

Price Summary

Gujarat Gas Limited's shares declined -2.46% today, reflecting a lacklustre day on the market.
On 2026-04-30, Gujarat Gas Limited's stock began at 389.65, peaked at 389.65, declined to 375.5, and ended the day -2.46% lower at 380.05, with 503930 shares traded.
The stock's highest price in the past 52 weeks is 499.4, while its lowest price during the same period is 307.25.
28 analysts forecast that the price of GUJGASLTD will range from 270.0 to 600.0, with an average expected price near 418.10715.

Technicals

Support and Resistance: The price of 380.05 is supported at 365.25 and capped by resistance at 383.15. These levels mark key points for Gujarat Gas Limited where the price could find stability, with 365.25 as a floor and 383.15 as a ceiling.
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Support/Resistance for GUJGASLTD


Aroon: The current reading of the AROON is neutral for GUJGASLTD, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Aroon chart for Gujarat Gas Limited


Bol. Bands: The current state of the BOLL BANDS is neutral for GUJGASLTD, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Bolinger Bands chart for Gujarat Gas Limited


Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains.
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Parabolic Stop and Reverse chart for Gujarat Gas Limited


Stochastic: The K-line for GUJGASLTD has dipped below the D-line on the stochastic indicator, while remaining above 80, suggesting that a bearish price move might be beginning. This pattern could indicate that the market's upward momentum is fading, possibly leading to a decline. Investors should keep an eye on this potential reversal.
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Stochastic chart for Gujarat Gas Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
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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.