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Gujarat Gas closed the previous week on a negative note losing 7.72%.
Technically, Gujarat Gas share price will see immediate support at 513.20 and immediate resistance would be seen at 556.95.
If Gujarat Gas share price closes below immediate support of 513.20, then sharp breakdown can be seen. Gujarat Gas share price will see major support at 496.35 for the week.
On the positive side, immediate resistance will be seen at 556.95. Closing above 556.95, Gujarat Gas share price will see a sharp breakout. Major resistance for Gujarat Gas share price will be seen at 583.85 for the week.
Trading range for Gujarat Gas share price for this week should be between 469.45 on down side and 600.70 on up side.
Gujarat Gas Previous Week High: 567
Gujarat Gas Previous Week Low: 523.25
Gujarat Gas Previous Week Range: 43.75 Points
Gujarat Gas share price support and resistance for the week (May 13, 2024 – May 17, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 600.70 |
| Resistance 2 | 583.85 |
| Resistance 1 | 556.95 |
| Support 1 | 513.20 |
| Support 2 | 496.35 |
| Support 3 | 469.45 |
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