Gandhar Oil Refinery (india) Stock Forecast

Buy or Hold candidate since May 06, 2026 Gain 51.17%

The Gandhar Oil Refinery (india) Limited stock price fell by -2.43% on the last day (Monday, 10th Aug 2026) from ₹242.71 to ₹236.82. During the last trading day the stock fluctuated 3.91% from a day low at ₹234.76 to a day high of ₹243.95. The price has fallen in 6 of the last 10 days and is down by -3.52% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -268 thousand shares and in total, 1 million shares were bought and sold for approximately ₹298.63 million.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ₹221.09 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 56.40% during the next 3 months and, with a 90% probability hold a price between ₹345.77 and ₹471.95 at the end of this 3-month period.

GANDHAR.NS Signals & Forecast

The Gandhar Oil Refinery (india) Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at ₹234.98 and ₹213.35. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, July 24, 2026, and so far it has fallen -16.16%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Gandhar Oil Refinery (india) Limited stock

Gandhar Oil Refinery (india) Limited finds support from accumulated volume at ₹236.19 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved ₹9.19 between high and low, or 3.91%. For the last week, the stock has had daily average volatility of 4.44%.

Our recommended stop-loss: ₹222.75 (-5.94%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 11 days ago.)

Trading Expectations (GANDHAR.NS) For The Upcoming Trading Day Of Tuesday 11th

For the upcoming trading day on Tuesday, 11th we expect Gandhar Oil Refinery (india) Limited to open at ₹238.51, and during the day (based on 14 day Average True Range), to move between ₹229.52 and ₹244.12, which gives a possible trading interval of +/-₹14.60 (+/-6.36%) up or down from last closing price. If Gandhar Oil Refinery (india) Limited takes out the full calculated possible swing range there will be an estimated 6.36% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹236.19 (0.27%) than the resistance at ₹245.47 (3.65%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Gandhar Oil Refinery (india) Limited stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Gandhar Oil Refinery (india) Limited stock to perform well in the short-term.

Current score: 1.293 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 11, 2026 - ₹238.51 ( 0.714%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk