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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 2024-07-12 View latest technical analysis

10 day averaged volume of Gp Petroleums is 603248

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	69.82	70.82	71.99	69.52	0.252 times
11 Thu Jul 2024	70.82	70.60	72.34	69.70	0.535 times
10 Wed Jul 2024	70.51	71.59	71.59	67.93	0.423 times
09 Tue Jul 2024	70.91	70.84	71.85	69.90	0.484 times
08 Mon Jul 2024	70.49	71.30	72.82	69.35	0.611 times
05 Fri Jul 2024	70.63	71.47	71.49	70.19	0.409 times
04 Thu Jul 2024	71.48	73.11	73.84	70.50	0.615 times
03 Wed Jul 2024	73.00	73.90	75.00	72.75	2.459 times
02 Tue Jul 2024	71.42	67.47	72.50	67.31	3.814 times
01 Mon Jul 2024	67.36	66.01	67.92	65.41	0.452 times

My analysis of stock is bullish for shortterm, and stock might move up till 71 or till 73.4. Use a stoploss of 69.12 and if this stock hits its stoploss, then it can fall down till 67.2

Share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Target	55.05
Downside Target	57.25
Downside Target	59.55
Downside Target	61.90
Downside Target	65.22
Downside Target	69.70
Upside Target	71.50
Upside Target	72.82
Upside Target	73.40
Upside Target	75.00
Upside Target	90.20

Intraday share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Intraday Target	67.56
Downside Intraday Target	65.3
Upside Intraday Target	72.45
Upside Intraday Target	75.08
Upside Intraday Target	70.19

Weekly technical analysis of Gp Petroleums (GULFPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	69.82	71.30	72.82	67.93	0.297 times
05 Fri Jul 2024	70.63	66.01	75.00	65.41	3.688 times
28 Fri Jun 2024	65.83	67.83	71.50	65.22	0.714 times
21 Fri Jun 2024	67.20	67.25	69.70	66.40	1.159 times
14 Fri Jun 2024	66.92	63.00	67.50	62.05	2.006 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
12 Fri Jul 2024	69.82	66.01	75.00	65.41	1.136 times
28 Fri Jun 2024	65.83	63.65	71.50	55.05	1.923 times
31 Fri May 2024	60.90	69.40	69.75	59.55	0.529 times
30 Tue Apr 2024	68.35	62.00	73.40	61.90	0.197 times

Scroll below to view daily charts

Price has moved up 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 BUY. 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. Bulls are getting tired and bears are picking up momentum.

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 71.4 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.