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GUJGASLTDMARKET OUTLOOKSTOCK OUTLOOK

Gujarat Gas Outlook for the Week (December 18, 2023 – December 22, 2023)

Gujarat Gas
Gujarat Gas
Gujarat Gas closed the previous week on a negative note losing 4.33%.

Technically, Gujarat Gas share price will see immediate support at 437.05 and immediate resistance would be seen at 456.70.

If Gujarat Gas share price closes below immediate support of 437.05, then sharp breakdown can be seen. Gujarat Gas share price will see major support at 425.70 for the week.

455.00455.00450.00450.00445.00445.00440.00440.00435.00435.00430.00430.00425.00425.00420.00420.00415.00415.00410.00410.00Nov 3Nov 3Nov 8Nov 8Nov 12Nov 12Nov 16Nov 16Nov 21Nov 21Nov 24Nov 24Nov 30Nov 30Dec 5Dec 5Dec 8Dec 8Dec 13Dec 13Reversal Level 441.02Sell

On the positive side, immediate resistance will be seen at 456.70. Closing above 456.70, Gujarat Gas share price will see a sharp breakout. Major resistance for Gujarat Gas share price will be seen at 465.00 for the week.

Trading range for Gujarat Gas share price for this week should be between 417.40 on down side and 476.35 on up side.

Gujarat Gas Previous Week High: 453.65

Gujarat Gas Previous Week Low: 434

Gujarat Gas Previous Week Range: 19.65 Points

Gujarat Gas share price support and resistance for the week (December 18, 2023 – December 22, 2023)

Level Type Value
Resistance 3 476.35
Resistance 2 465.00
Resistance 1 456.70
Support 1 437.05
Support 2 425.70
Support 3 417.40
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{"buy_point":[],"sell_point":[{"en_ltd":"2023-12-13","en_sup_p_91":"437.48","en_sup_t_91":"444.27","prev_close":"439.10","en_close":"436.50","new_date":"Dec 13","prev_close_no":439}]}

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