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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 2024-07-16 View latest technical analysis

10 day averaged volume of Gp Petroleums is 748100

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	75.46	76.70	78.50	75.10	1.492 times
15 Mon Jul 2024	76.20	70.85	76.95	69.52	2.257 times
12 Fri Jul 2024	69.82	70.82	71.99	69.52	0.203 times
11 Thu Jul 2024	70.82	70.60	72.34	69.70	0.431 times
10 Wed Jul 2024	70.51	71.59	71.59	67.93	0.341 times
09 Tue Jul 2024	70.91	70.84	71.85	69.90	0.39 times
08 Mon Jul 2024	70.49	71.30	72.82	69.35	0.493 times
05 Fri Jul 2024	70.63	71.47	71.49	70.19	0.329 times
04 Thu Jul 2024	71.48	73.11	73.84	70.50	0.496 times
03 Wed Jul 2024	73.00	73.90	75.00	72.75	1.983 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 75.9, for a target of 72.6 or 69.92

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	67.93
Downside Target	69.52
Downside Target	71.50
Downside Target	72.82
Downside Target	73.40
Downside Target	75.00
Upside Target	78.50
Upside Target	90.20

Intraday share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Intraday Target	70.49
Downside Intraday Target	65.51
Upside Intraday Target	79.47
Upside Intraday Target	83.47
Downside Intraday Target	74.49

Weekly technical analysis of Gp Petroleums (GULFPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	75.46	70.85	78.50	69.52	2.018 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Gp Petroleums (GULFPETRO)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	75.46	66.01	78.50	65.41	1.662 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, and volume has increased substantially. This means that the move can 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Gp Petroleums in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 stronger in this stock.

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

CCI has generated a buy signal for Gp Petroleums in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 73.58 and Gp Petroleums (GULFPETRO) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.