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(GULFPETRO) Gp Petroleums complete technical analysis [charts+indicators] | Buy/Sell Gp Petroleums | (GULFPETRO) share price targets

Complete technical analysis of Gp Petroleums (GULFPETRO) by charts plus indicators, forecast predictions and share price targets for Gp Petroleums (GULFPETRO)

Gp Petroleums trades in NSE in Oil Marketing & Distribution sector.

Showing technical analysis as on 2024-02-09 View latest technical analysis

10 day averaged volume of Gp Petroleums is 801778

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	68.25	72.90	73.05	66.40	0.705 times
08 Thu Feb 2024	72.30	73.15	73.60	71.25	0.204 times
07 Wed Feb 2024	73.15	72.95	74.00	72.40	0.316 times
06 Tue Feb 2024	72.50	72.30	74.95	72.05	0.402 times
05 Mon Feb 2024	72.10	75.75	76.55	70.35	0.548 times
02 Fri Feb 2024	75.55	74.95	78.05	74.55	0.726 times
01 Thu Feb 2024	74.35	73.15	77.75	71.55	0.735 times
31 Wed Jan 2024	73.05	76.95	78.50	70.20	1.202 times
30 Tue Jan 2024	76.85	75.80	81.45	73.95	2.234 times
29 Mon Jan 2024	74.35	67.05	75.00	64.00	3.139 times

My analysis of stock is bullish for shortterm, and stock might move up till 73.9 or till 83.4. Use a stoploss of 65.9 and if this stock hits its stoploss, then it can fall down till 57.93

Share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Target	40.15
Downside Target	42.45
Downside Target	48.40
Downside Target	51.30
Downside Target	55.10
Downside Target	57.90
Downside Target	59.70
Downside Target	64.00
Downside Target	65.45
Downside Target	66.40
Upside Target	76.55
Upside Target	78.05
Upside Target	81.45

Intraday share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Intraday Target	64.25
Downside Intraday Target	60.25
Upside Intraday Target	74.4
Upside Intraday Target	80.55
Upside Intraday Target	70.4

Weekly technical analysis of Gp Petroleums (GULFPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	68.25	75.75	76.55	66.40	0.271 times
02 Fri Feb 2024	75.55	67.05	81.45	64.00	1.177 times
20 Fri Oct 2023	59.35	59.00	65.45	57.90	1.808 times
13 Fri Oct 2023	58.25	53.25	59.70	51.65	1.219 times
06 Fri Oct 2023	54.05	54.50	55.10	51.30	0.309 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Gp Petroleums (GULFPETRO)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	68.25	73.15	78.05	66.40	0.553 times
31 Wed Jan 2024	73.05	67.05	81.45	64.00	0.48 times
20 Fri Oct 2023	59.35	54.50	65.45	51.30	0.852 times
29 Fri Sep 2023	54.35	47.70	55.50	42.45	1.795 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Gp Petroleums (GULFPETRO)

Price action analysis of Gp Petroleums ( (GULFPETRO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Gp Petroleums ( (GULFPETRO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Gp Petroleums ( (GULFPETRO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Gp Petroleums stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Gp Petroleums in short term but the sell signal is initial and weak.

Gp Petroleums Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Gp Petroleums in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Gp Petroleums is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 74.14 and Gp Petroleums (GULFPETRO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Gp Petroleums (GULFPETRO) stock. Volume based technical analysis of Gp Petroleums (GULFPETRO) stock is negative.

Gp Petroleums Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.