Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-04 View latest technical analysis

10 day averaged volume of Gp Petroleums is 357326

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	80.11	79.30	82.00	77.00	1.252 times
03 Thu Oct 2024	78.48	79.72	82.39	77.56	0.823 times
01 Tue Oct 2024	81.59	81.40	84.01	80.25	0.704 times
30 Mon Sep 2024	80.84	83.75	83.75	80.11	0.827 times
27 Fri Sep 2024	83.31	83.50	85.35	83.00	0.637 times
26 Thu Sep 2024	83.23	85.59	85.85	82.81	0.672 times
25 Wed Sep 2024	85.24	84.25	87.50	83.22	1.307 times
24 Tue Sep 2024	83.66	85.00	87.50	83.00	1.078 times
23 Mon Sep 2024	84.94	87.05	88.56	84.21	1.125 times
20 Fri Sep 2024	86.23	88.50	89.45	85.31	1.051 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 81.3, but if it comes above 81.3, then a intra day buy could be more profitable.
If you take a sell trade below 81.3, then use 81.3 as stoploss and 77.2 as target. However if you take a buy trade in stock , then use 81.3 as stoploss and 84.68 as target.

Share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Target	55.05
Downside Target	61.55
Downside Target	65.41
Downside Target	71.50
Downside Target	76.99
Upside Target	81.99
Upside Target	84.01
Upside Target	85.60
Upside Target	88.56
Upside Target	92.74
Upside Target	93.48

Intraday share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Intraday Target	76.74
Downside Intraday Target	73.36
Upside Intraday Target	83.75
Upside Intraday Target	87.38
Upside Intraday Target	80.37

Weekly technical analysis of Gp Petroleums (GULFPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	80.11	83.75	84.01	77.00	0.748 times
27 Fri Sep 2024	83.31	87.05	88.56	82.81	0.285 times
20 Fri Sep 2024	86.23	87.99	93.48	82.60	0.468 times
13 Fri Sep 2024	87.04	79.70	92.74	77.00	3.129 times
06 Fri Sep 2024	79.03	81.99	85.60	76.99	0.504 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
04 Fri Oct 2024	80.11	81.40	84.01	77.00	0.04 times
30 Mon Sep 2024	80.84	81.99	93.48	76.99	1.955 times
30 Fri Aug 2024	80.99	78.38	83.00	61.55	0.814 times
31 Wed Jul 2024	77.88	66.01	81.99	65.41	2.955 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 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 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 Strong and stock is gaining momentum.

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

Gp Petroleums Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Gp Petroleums in short term but BUY signal is weak.

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 82.94 and Gp Petroleums (GULFPETRO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.