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(GUJRAFFIA) Gujarat Raffia complete technical analysis [charts+indicators] | Buy/Sell Gujarat Raffia | (GUJRAFFIA) share price targets

Complete technical analysis of Gujarat Raffia (GUJRAFFIA) by charts plus indicators, forecast predictions and share price targets for Gujarat Raffia (GUJRAFFIA)

10 day averaged volume of Gujarat Raffia is 3289

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 41.06 41.02 42.45 40.50 1.389 times
18 Mon Nov 2024 40.45 40.07 42.87 39.82 0.905 times
14 Thu Nov 2024 41.92 42.65 44.00 41.22 0.532 times
13 Wed Nov 2024 42.00 42.74 43.77 41.60 0.812 times
12 Tue Nov 2024 43.79 45.35 45.59 43.62 0.908 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41.8, but if it comes above 41.8, then a intra day buy could be more profitable.
If you take a sell trade below 41.8, then use 41.8 as stoploss and 39.7 as target. However if you take a buy trade in stock , then use 41.8 as stoploss and 43.55 as target.

Share price targets for Gujarat Raffia (GUJRAFFIA)

Target Type Value
Downside Target 39.82
Upside Target 41.22
Upside Target 42.87
Upside Target 46.02
Upside Target 46.50
Upside Target 47.45
Upside Target 47.75
Upside Target 52.79
Upside Target 58.97
Upside Target 61.76

Intraday share price targets for Gujarat Raffia (GUJRAFFIA)

Target Type Value
Downside Intraday Target 39.63
Downside Intraday Target 38.2
Upside Intraday Target 42.68
Upside Intraday Target 44.3
Upside Intraday Target 41.25

Weekly technical analysis of Gujarat Raffia (GUJRAFFIA)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 41.06 40.07 42.87 39.82 0.909 times
14 Thu Nov 2024 41.92 46.00 46.02 41.22 0.452 times
08 Fri Nov 2024 45.46 46.44 47.45 43.74 2.623 times
01 Fri Nov 2024 45.47 43.89 46.50 43.41 0.907 times
30 Wed Oct 2024 44.62 41.01 44.78 40.27 0.767 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Gujarat Raffia (GUJRAFFIA)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 41.06 45.50 47.45 39.82 0.426 times
31 Thu Oct 2024 44.74 45.76 47.75 40.27 0.774 times
30 Mon Sep 2024 45.46 52.40 52.79 44.21 0.271 times
30 Fri Aug 2024 51.38 58.97 58.97 45.31 0.395 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Gujarat Raffia (GUJRAFFIA)

Indicator Name Indicator Value Indicator Signal
ADX 11, 23, 38 Sell
MACD -2, -1Sell
Stochastics 12Sell
CCI -103Buy
RSI 44Sell
OBV -3511Sell
VWAP 44Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

Price action analysis of Gujarat Raffia ( (GUJRAFFIA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Gujarat Raffia ( (GUJRAFFIA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Gujarat Raffia ( (GUJRAFFIA) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Gujarat Raffia ( (GUJRAFFIA) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Gujarat Raffia stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Gujarat Raffia in short term and the sell signal is strong.

Gujarat Raffia Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Gujarat Raffia in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Gujarat Raffia is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 43.66 and Gujarat Raffia (GUJRAFFIA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Gujarat Raffia (GUJRAFFIA) stock. Volume based technical analysis of Gujarat Raffia (GUJRAFFIA) stock is negative.

Gujarat Raffia Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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