GUJGASLTD - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📉 Intraday Trade Analysis – Gujarat Gas Ltd. (GUJGASLTD) IntraDay Trade Rating: 2.7

GUJGASLTD is currently in a technically weak zone for intraday trading. Despite solid fundamentals like low debt and healthy ROCE/ROE, the short-term indicators suggest limited momentum and poor volume participation. This setup favors watchful observation or defensive scalping, not aggressive trades.

🔍 Technical Snapshot

RSI (38.5) → Approaching oversold territory; weak momentum.

MACD (-2.81) → Bearish divergence; trend lacks strength.

Volume (1.14L vs Avg 3.07L) → Significantly below average; low liquidity.

Price below DMA50 (₹466) & DMA200 (₹477) → Downtrend bias confirmed.

52W Index: 27.8% → Far from highs; recovery not yet visible.

💸 Intraday Trade Setup

📌 Trade Element Suggested Price Zone (₹)

Buy Zone ₹448 – ₹452

Profit Target ₹456 – ₹462

Stop-Loss Level Below ₹443

Entry near ₹450 is only advisable if volume picks up and RSI rebounds above 40. Look for bullish reversal candles like hammer or engulfing before entering.

⏱️ If Already Holding Today

Exit for Profit

Target: ₹456–₹462

Confirmation: RSI > 42, MACD flattening, and volume rising above 2L with strong green candles.

Exit for Loss Protection

Stop-loss: ₹443 or if RSI dips below 36 and MACD steepens downward.

Warning signs: long upper wicks, bearish engulfing, or volume drying up.

🧭 Final Takeaway

GUJGASLTD is not ideal for intraday momentum trades today. The technicals are soft, and volume is uninspiring. If you're looking for sharper setups with stronger RSI/MACD alignment and breakout potential, I can surface a few tickers that are heating up. Just say the word and I’ll scan the radar. 📡📈

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