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Technicals for Gujarat State Petronet Limited
By MusingTheNews
2025-10-17 20:36
Overall Technical outlook
Price Summary
On 2025-10-17, Gujarat State Petronet Limited's stock started at 317.0, soared to 318.0, dropped to 313.2, and finished the day -0.52% down at 315.35, with a trading volume of 271520 shares. The peak price for the stock in the past 52 weeks is 400.2, with the lowest price being 267.85. The projected price range for Gujarat State Petronet Limited is between 270.0 and 465.0, with an expected mean price of 348.47058, according to 17 analysts.
Technicals
Support and Resistance: The current price of 315.35 for GSPL is supported at 299.75 and faces resistance at 318.75. These levels indicate that 299.75 could act as a floor, while 318.75 might limit any further price increases. 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 BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Gujarat State Petronet Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for Gujarat State Petronet Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for Gujarat State Petronet Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for Gujarat State Petronet Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
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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