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GUJGASLTDMARKET OUTLOOKSTOCK OUTLOOK

Gujarat Gas Outlook for the Week (August 07, 2023 – August 11, 2023)

Gujarat Gas closed the previous week on a negative note losing 11.12%.

Technically, Gujarat Gas share price will see immediate support at 428.50 and immediate resistance would be seen at 483.40.

If Gujarat Gas share price closes below immediate support of 428.50, then sharp breakdown can be seen. Gujarat Gas share price will see major support at 406.10 for the week.

On the positive side, immediate resistance will be seen at 483.40. Closing above 483.40, Gujarat Gas share price will see a sharp breakout. Major resistance for Gujarat Gas share price will be seen at 515.90 for the week.

Trading range for Gujarat Gas share price for this week should be between 373.60 on down side and 538.30 on up side.

Gujarat Gas Previous Week High: 493.5

Gujarat Gas Previous Week Low: 438.6

Gujarat Gas Previous Week Range: 54.9 Points

Gujarat Gas share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type Value
Resistance 3 538.30
Resistance 2 515.90
Resistance 1 483.40
Support 1 428.50
Support 2 406.10
Support 3 373.60

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