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Technicals for Gujarat State Petronet Limited
By MusingTheNews
2025-07-16 20:36
Overall Technical outlook
Price Summary
In today's trading, Gujarat State Petronet Limited's stock skyrocketed by 2.35%, showcasing an remarkable market day. On 2025-07-16, GSPL's stock began at 323.95, peaked at 333.5, dipped to 323.95, and closed up 2.35% at 331.55, with a volume of 363944 shares. The stock reached its highest price of 460.4 and its lowest price of 267.85 during the 52-week period. According to 17 analysts, the future price is anticipated to vary between 280.0 and 465.0, with an average expected price of around 364.82352.
Technicals
Support and Resistance: The current price of 331.55 for GSPL finds support at 314.3 and resistance at 335.1. These levels define a range in which the price might oscillate, with 314.3 as a potential support and 335.1 as a resistance level. Support/Resistance for GSPL
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for Gujarat State Petronet Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Gujarat State Petronet Limited
Parabolic SAR: The PSAR for GSPL maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Gujarat State Petronet Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Gujarat State Petronet Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Gujarat State Petronet Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. 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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