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 2024-12-10 View latest technical analysis

10 day averaged volume of Gp Petroleums is 414457

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	60.63	61.27	62.50	59.70	1.17 times
09 Mon Dec 2024	61.66	61.66	62.69	61.12	1.053 times
06 Fri Dec 2024	61.66	62.01	62.99	61.30	1.012 times
05 Thu Dec 2024	61.79	63.10	63.57	61.49	1.02 times
04 Wed Dec 2024	62.78	63.70	64.49	62.10	0.888 times
03 Tue Dec 2024	63.80	64.29	65.43	62.94	0.993 times
02 Mon Dec 2024	63.64	62.20	68.00	62.20	2.869 times
29 Fri Nov 2024	61.04	61.50	62.45	60.20	0.53 times
28 Thu Nov 2024	61.84	62.50	64.14	60.66	0.778 times
27 Wed Nov 2024	62.01	62.50	63.24	61.31	0.559 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 61.1, but if it comes above 61.1, then a intra day buy could be more profitable.
If you take a sell trade below 61.1, then use 61.1 as stoploss and 59.1 as target. However if you take a buy trade in stock , then use 61.1 as stoploss and 62.78 as target.

Share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Target	59.61
Upside Target	64.10
Upside Target	66.10
Upside Target	68.00
Upside Target	68.59
Upside Target	73.50
Upside Target	76.99
Upside Target	83.00
Upside Target	84.01
Upside Target	93.48

Intraday share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Intraday Target	59.32
Downside Intraday Target	58.02
Upside Intraday Target	62.31
Upside Intraday Target	64
Upside Intraday Target	61.01

Weekly technical analysis of Gp Petroleums (GULFPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	60.63	61.66	62.69	59.70	0.328 times
06 Fri Dec 2024	61.66	62.20	68.00	61.30	2.492 times
29 Fri Nov 2024	61.04	62.10	64.80	60.20	1.73 times
22 Fri Nov 2024	61.24	63.50	66.10	59.61	1.125 times
14 Thu Nov 2024	64.10	68.00	68.59	62.40	0.224 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
10 Tue Dec 2024	60.63	62.20	68.00	59.70	0.743 times
29 Fri Nov 2024	61.04	70.90	73.50	59.61	0.892 times
31 Thu Oct 2024	70.45	81.40	84.01	64.10	0.224 times
30 Mon Sep 2024	80.84	81.99	93.48	76.99	1.955 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

Gp Petroleums Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling 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 62.37 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 negative.

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