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Technicals for Gujarat State Petronet Limited
By MusingTheNews
2025-09-05 20:30
Overall Technical outlook
Price Summary
Gujarat State Petronet Limited's stock slumped -2.06% today, marking a poor performance in the market. On 2025-09-05, Gujarat State Petronet Limited's stock opened at 306.2, reached a high of 308.2, dropped to a low of 299.2, and closed lower -2.06% at 299.9, with a trading volume of 285323 shares. The stock's peak price over the last 52 weeks is 446.4, with the lowest being 267.85. The future price of GSPL is anticipated to range from 270.0 to 465.0, with an expected mean price of 362.82352, according to the recommendations of 17 analysts.
Technicals
Support and Resistance: The price currently sits at 299.9, finding support at 293.55 and resistance at 314.3. These levels define a range for Gujarat State Petronet Limited where the price may move, with 293.55 offering a base and 314.3 limiting upward momentum. Support/Resistance for GSPL
Aroon: The AROON 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. Aroon chart for Gujarat State Petronet Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Gujarat State Petronet Limited
Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains. Parabolic Stop and Reverse chart for Gujarat State Petronet Limited
Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Stochastic chart for Gujarat State Petronet Limited
Tripple Moving Agerage: A bullish trend is signaled by the alignment of the 20-50-100 period moving averages, but the slopes of the faster averages suggest a potential reversal. The weakening momentum in the shorter-term averages hints that the current upward trend might be nearing its end, signaling the possibility of a shift in direction. Tripple SMA chart for Gujarat State Petronet Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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