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GUJGASLTDMARKET OUTLOOKSTOCK OUTLOOK

Gujarat Gas Outlook for the Week (August 14, 2023 – August 18, 2023)

Gujarat Gas closed the previous week on a negative note losing 4.75%.

Technically, Gujarat Gas share price will see immediate support at 449.47 and immediate resistance would be seen at 471.97.

If Gujarat Gas share price closes below immediate support of 449.47, then sharp breakdown can be seen. Gujarat Gas share price will see major support at 438.88 for the week.

On the positive side, immediate resistance will be seen at 471.97. Closing above 471.97, Gujarat Gas share price will see a sharp breakout. Major resistance for Gujarat Gas share price will be seen at 483.88 for the week.

Trading range for Gujarat Gas share price for this week should be between 426.97 on down side and 494.47 on up side.

Gujarat Gas Previous Week High: 473.3

Gujarat Gas Previous Week Low: 450.8

Gujarat Gas Previous Week Range: 22.5 Points

Gujarat Gas share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 494.47
Resistance 2 483.88
Resistance 1 471.97
Support 1 449.47
Support 2 438.88
Support 3 426.97

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