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Technicals for Gujarat State Petronet Limited
By MusingTheNews
2025-08-15 20:36
Overall Technical outlook
Price Summary
On 2025-08-14, Gujarat State Petronet Limited's stock began at 304.4, peaked at 308.85, bottomed at 298.85, and closed -0.94% down at 301.55, with a volume of 220668 shares. The highest price the stock achieved in the past 52 weeks is 460.4, while the lowest price it saw is 267.85. The price projection is between 270.0 and 465.0, with an average expected price around 362.82352, according to 17 analysts.
Technicals
Support and Resistance: The price for GSPL at 301.55 finds support at 299.75 and resistance at 314.3. This suggests a trading range, where 299.75 serves as a support level and 314.3 acts as a resistance point, potentially capping further gains. Support/Resistance for GSPL
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for GSPL. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Gujarat State Petronet Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for GSPL, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Gujarat State Petronet Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum 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 Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for GSPL. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for Gujarat State Petronet Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and 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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