Stock analysis Gujarat State Petronet Limited GSPL
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Recent prices of GSPL Gujarat State Petronet Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 29 Mon Apr 2024 | 298.50 | 295.00 to 301.90 | 1.86% | 0.41 times |
| 26 Fri Apr 2024 | 293.05 | 292.00 to 297.35 | -0.09% | 0.34 times |
| 25 Thu Apr 2024 | 293.30 | 292.50 to 299.10 | -0.88% | 0.4 times |
| 24 Wed Apr 2024 | 295.90 | 294.60 to 309.70 | -1.79% | 0.9 times |
| 23 Tue Apr 2024 | 301.30 | 298.15 to 327.65 | -0.84% | 3.5 times |
| 22 Mon Apr 2024 | 303.85 | 302.15 to 320.00 | -19.54% | 3.88 times |
| 19 Fri Apr 2024 | 377.65 | 374.25 to 385.10 | -2.13% | 0.1 times |
| 18 Thu Apr 2024 | 385.85 | 380.45 to 399.00 | -1.56% | 0.22 times |
| 16 Tue Apr 2024 | 391.95 | 376.85 to 399.50 | 3.19% | 0.41 times |
| 15 Mon Apr 2024 | 379.85 | 361.05 to 386.70 | 0.81% | 0.15 times |
| 12 Fri Apr 2024 | 376.80 | 374.15 to 388.00 | -2.91% | 0.11 times |
| 10 Wed Apr 2024 | 388.10 | 382.35 to 393.00 | 0.96% | 0.26 times |
Technical analysis forecast for Gujarat State Petronet Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Gujarat State Petronet Limited GSPL at this time. Stock is falling and might fall more.
It appears as if Gujarat State Petronet Limited GSPL gave a large move recently.
Stock of Gujarat State Petronet Limited (GSPL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Gujarat State Petronet Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Gujarat State Petronet Limited stays below 301.6, but if it comes above 301.6, then a intra day buy could be more profitable.
If you take a sell trade below 301.6, then use 301.6 as stoploss and 257.5 as target. However if you take a buy trade in Gujarat State Petronet Limited, then use 301.6 as stoploss and 338.34 as target.