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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GSFC.BO
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Gujarat State Fertilizers & Chemicals stock upgraded from Sell Candidate to Hold/Accumulate after Friday trading session.
(Updated on Jun 14, 2024)

Hold candidate since Jun 14, 2024 PDF

The Gujarat State Fertilizers & Chemicals stock price gained 0.201% on the last trading day (Friday, 14th Jun 2024), rising from ₹223.70 to ₹224.15. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.96% from a day low at ₹222.50 to a day high of ₹226.85. The price has risen in 7 of the last 10 days and is up by 6.46% over the past 2 weeks. Volume fell on the last day by -89 thousand shares and in total, 81 thousand shares were bought and sold for approximately ₹18.24 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Gujarat State Fertilizers & Chemicals stock with a 90% probability to be traded between ₹199.09 and ₹257.36 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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GSFC.BO Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, June 05, 2024, and so far it has risen 14.98%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Gujarat State Fertilizers & Chemicals stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at ₹225.97. On a fall, the stock will find some support from the short-term average at ₹218.67. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Gujarat State Fertilizers & Chemicals stock

Gujarat State Fertilizers & Chemicals finds support from accumulated volume at ₹221.60 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ₹4.35 between high and low, or 1.96%. For the last week, the stock has had daily average volatility of 3.43%.

Our recommended stop-loss: ₹216.35 (-3.48%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 34 days ago.)

Trading Expectations (GSFC.BO) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect Gujarat State Fertilizers & Chemicals Limited to open at ₹224.50, and during the day (based on 14 day Average True Range), to move between ₹214.73 and ₹233.57, which gives a possible trading interval of +/-₹9.42 (+/-4.20%) up or down from last closing price. If Gujarat State Fertilizers & Chemicals Limited takes out the full calculated possible swing range there will be an estimated 8.40% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹221.60 (1.14%) than the resistance at ₹238.50 (6.40%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Gujarat State Fertilizers & Chemicals Limited stock A Buy?

Gujarat State Fertilizers & Chemicals holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.294 Hold/Accumulate Upgraded

Predicted Opening Price for Gujarat State Fertilizers & Chemicals Limited of Tuesday, June 18, 2024

Fair opening price June 18, 2024 Current price
₹224.50 ( 0.156%) ₹224.15

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for GSFC.BO

Fibonacci Support & Resistance Levels

Level Price
R3 228.85 2.10%
R2 227.19 1.36%
R1 226.16 0.90%
Price 224.15
S1 222.84 -0.585%
S2 221.81 -1.04%
S3 220.15 -1.78%

Accumulated Volume Support & Resistance Levels

Level Price
R3 249.45 11.29%
R2 239.95 7.05%
R1 238.50 6.40%
Price 224.15
S1 221.60 -1.14%
S2 208.65 -6.92%
S3 197.10 -12.07%

GSFC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 07, 2023 Sep 07, 2023 Sep 28, 2023 ₹10.00 5.78%
2 Sep 09, 2022 Sep 09, 2022 Oct 27, 2022 ₹2.50 2.00%
3 Aug 31, 2017 Aug 31, 2017 Oct 16, 2017 ₹2.20 1.63%
4 Sep 01, 2016 Sep 01, 2016 Sep 01, 2016 ₹2.20 3.01%
5 Aug 31, 2015 Aug 31, 2015 Aug 31, 2015 ₹2.20 3.29%

FAQ

What is the symbol for Gujarat State Fertilizers & Chemicals Limited Stock and on which exchange is it traded?
The symbol for Gujarat State Fertilizers & Chemicals Limited is GSFC.BO and it is traded on the XBOM (Bombay Stock Exchange).

Should I buy or sell Gujarat State Fertilizers & Chemicals Limited Stock?
Gujarat State Fertilizers & Chemicals holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Gujarat State Fertilizers & Chemicals Limited Stock?
Gujarat State Fertilizers & Chemicals Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Gujarat State Fertilizers & Chemicals Limited Stock.

What's the current price of Gujarat State Fertilizers & Chemicals Limited Stock?
As of the end of day on the Jun 14, 2024, the price of an Gujarat State Fertilizers & Chemicals Limited (GSFC.BO) share was ₹224.15.

What is the 52-week high and low for Gujarat State Fertilizers & Chemicals Limited Stock?
The 52-week high for Gujarat State Fertilizers & Chemicals Limited Stock is ₹322.35 and the 52-week low is ₹146.15.

What is the market capitalization of Gujarat State Fertilizers & Chemicals Limited Stock?
As of the Jun 14, 2024, the market capitalization of Gujarat State Fertilizers & Chemicals Limited is 89.319B.

When is the next earnings date for Gujarat State Fertilizers & Chemicals Limited?
The upcoming earnings date for Gujarat State Fertilizers & Chemicals Limited is Aug 06, 2024.
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