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Technicals for Gujarat State Petronet Limited
By MusingTheNews
2025-06-13 20:36
Overall Technical outlook
Price Summary
On 2025-06-12, GSPL's stock opened at 337.0, reached a peak of 337.55, dropped to 330.05, and ended -1.65% down at 331.45, with a volume of 261287 shares. The highest price the stock achieved in the past 52 weeks is 460.4, while the lowest price it saw is 267.85. GSPL's future price is expected to lie between 280.0 and 465.0, with an average expectation of 364.82352, as per the recommendations of 17 analysts.
Technicals
Support and Resistance: At 331.45, the price is supported by 314.3 and resisted by 337.85. This indicates that the price for Gujarat State Petronet Limited might fluctuate between these levels, with 314.3 acting as a support and 337.85 limiting further upward movement. Support/Resistance for GSPL
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for Gujarat State Petronet Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for Gujarat State Petronet Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for GSPL. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Gujarat State Petronet Limited
Stochastic: The STOCHASTIC is in a neutral stance for GSPL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Stochastic chart for Gujarat State Petronet Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Gujarat State Petronet Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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