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 2024-02-23 View latest technical analysis

10 day averaged volume of Gp Petroleums is 577469

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	74.55	76.45	77.30	74.35	0.642 times
22 Thu Feb 2024	75.95	74.50	77.80	72.50	1.281 times
21 Wed Feb 2024	73.90	77.10	78.80	73.10	1.424 times
20 Tue Feb 2024	76.35	72.90	78.40	70.80	2.455 times
19 Mon Feb 2024	73.30	75.85	75.85	72.35	0.99 times
16 Fri Feb 2024	70.10	72.65	74.00	69.50	0.819 times
15 Thu Feb 2024	69.65	65.70	70.70	65.70	0.661 times
14 Wed Feb 2024	65.35	64.30	67.95	64.30	0.373 times
13 Tue Feb 2024	66.55	61.00	67.55	60.10	0.515 times
12 Mon Feb 2024	62.05	67.30	69.85	61.20	0.505 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 75.8 as stoploss in an intra day sell trade for a target of 72.01. However, stock will show a bullish move above 75.8.

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	55.50
Downside Target	57.90
Downside Target	60.10
Downside Target	64.00
Downside Target	65.45
Downside Target	70.80
Downside Target	74.00
Upside Target	76.55
Upside Target	78.80
Upside Target	81.45

Intraday share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Intraday Target	70.63
Downside Intraday Target	66.72
Upside Intraday Target	78.63
Upside Intraday Target	82.72
Upside Intraday Target	74.72

Weekly technical analysis of Gp Petroleums (GULFPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	74.55	75.85	78.80	70.80	2.364 times
16 Fri Feb 2024	70.10	67.30	74.00	60.10	0.951 times
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

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
23 Fri Feb 2024	74.55	73.15	78.80	60.10	1.611 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 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 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 short to mid 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 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 BUY signal for Gp Petroleums in short term and the buy signal is strong.

Gp Petroleums Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

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

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

MRSI is in negative zone. This is the SELL 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 72.82 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.