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Technicals for Gujarat State Petronet Limited
By MusingTheNews
2025-12-15 20:37
Overall Technical outlook
Price Summary
On 2025-12-15, Gujarat State Petronet Limited's stock opened at 289.1, reached a high of 289.55, dropped to a low of 283.7, and closed lower -0.38% at 288.0, with a trading volume of 230757 shares. During the 52-week span, the stock hit a high of 382.6 and a low of 267.85. The future price of GSPL is anticipated to range from 260.0 to 445.0, with an expected mean price of 334.9412, according to the recommendations of 17 analysts.
Technicals
Support and Resistance: The price is currently at 288.0, supported by 290.6 and resisted by 290.6. This indicates a range where 290.6 may provide a base for the price, while 290.6 serves as a cap on further upward movement for GSPL. Support/Resistance for GSPL
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for Gujarat State Petronet Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Gujarat State Petronet Limited
Parabolic SAR: The PSAR continues its bearish outlook, setting a key resistance level that could limit upward potential. This resistance suggests that the market may struggle to break higher, reflecting ongoing bearish pressure for GSPL. Parabolic Stop and Reverse chart for Gujarat State Petronet Limited
Stochastic: The stochastic indicator for GSPL shows the K-line rising above the D-line while remaining below 20, typically signaling the start of a bullish move. This setup suggests that the market may be transitioning from a low point, potentially leading to upward momentum. Investors could see this as a promising entry point for a rally. Stochastic chart for Gujarat State Petronet Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the potential for a reversal is hinted at by the slopes of the shorter-term averages. These faster-moving averages show signs of weakening momentum, indicating that while the overall trend is still upward, a reversal could be approaching. Tripple SMA chart for Gujarat State Petronet Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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