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GUJGASLTDMARKET OUTLOOKSTOCK OUTLOOK

Gujarat Gas Outlook for the Week (May 20, 2024 – May 24, 2024)

Gujarat Gas
Gujarat Gas
Gujarat Gas closed the previous week on a negative note losing 6.71%.

Technically, Gujarat Gas share price will see immediate support at 528.47 and immediate resistance would be seen at 565.82.

If Gujarat Gas share price closes below immediate support of 528.47, then sharp breakdown can be seen. Gujarat Gas share price will see major support at 505.23 for the week.

On the positive side, immediate resistance will be seen at 565.82. Closing above 565.82, Gujarat Gas share price will see a sharp breakout. Major resistance for Gujarat Gas share price will be seen at 579.93 for the week.

Trading range for Gujarat Gas share price for this week should be between 491.12 on down side and 603.17 on up side.

Gujarat Gas Previous Week High: 556.7

Gujarat Gas Previous Week Low: 519.35

Gujarat Gas Previous Week Range: 37.35 Points

Gujarat Gas share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 603.17
Resistance 2 579.93
Resistance 1 565.82
Support 1 528.47
Support 2 505.23
Support 3 491.12
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