Price and trend forecast of GSPL for Tomorrow, Weekly, Monthly
Gujarat State Petronet Limited
Symbol: NSE:GSPL
ISIN: INE246F01010
342.85
As on 2025-02-05
GSPL's Today's Performance
Gujarat State Petronet Limited started the day by opening at 342.95 today 2025-02-05. Its shares reached a high of 348.05 and dipped to a low of 341.00 in intraday. When the markets closed, GSPL’s stock price settled at ₹342.85 per share. Also check out its key support and resistance levels.
GSPL Buy/Sell Targets
Tomorrow, sell GSPL when its price reaches ₹ 342.85 with a stop-loss order at ₹ 347.72. You can set the target price as ₹ 337.98 to capture potential gains. This sell position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.
In the sections below, we will discuss detailed share price target of GSPL for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.
Important Down levels for GSPL
Downside Targets | Value in ₹ |
---|---|
Tomorrow Down Target 1 | 347 |
Tomorrow Down Target 2 | 351 |
Tomorrow Down Target 3 | 354 |
Important Levels for GSPL
Holding Levels | Value in ₹ |
---|---|
Tomorrow Up Target 1 | 340 |
Tomorrow Up Target 2 | 337 |
Tomorrow Up Target 3 | 333 |
Based on where the stock opens tomorrow, if GSPL opens on a positive note, our first target will be ₹347. If Target 1 is achieved, we will aim for Target 2 which is ₹351.
But if GSPL falls below the average value of ₹343.97, you can enter a sell side position with target number 1 - ₹340 and second target - ₹337 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.
Daily Volume chart of GSPL
Looking at GSPL, we've seen a Decreasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.
In terms of its price, GSPL has been on a Upward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for GSPL is moderate bullish.
Tomorrow's Volume based share price Forecast for GSPL
GSPL's Volume is currently in a Decreasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a moderate bullish trend. Volume trend strength over the last month compared to the last week is 48%.
Reversal detection for GSPL
GSPL may trend may continue to be bearish since stock is making lower low and we can get target of ₹341 in morning tomorrow
Target 1 tomorrow | 347 |
Target 2 tomorrow | 348 |
Target 3 tomorrow | 351 |
Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.
Combine this trend forecast with GSPL's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.
Based on where the stock opens tomorrow, if GSPL opens on a positive note, our first target will be ₹346.93. If Target 1 is achieved, we will aim for Target 2 which is ₹351.02.
But if GSPL falls below the average value of ₹343.97, you can enter a sell side position with target number 1 - ₹339.88 and second target - ₹336.92
GSPL's Weekly Targets
1st Up Target | 350.35 |
2nd Up Target | 357.85 |
1st Down Target | 333.05 |
2nd Down Target | 323.25 |
As the week for GSPL ended on bullish sentiments, we can expect further continuation of this sentiment. GSPL's initial target will be 350.35 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 333.05 in the upcoming week.
Weekly OHLC Values
Open | 333.05 |
High | 348.05 |
Low | 330.75 |
Close | 342.85 |
Week for GSPL started with an open price of 333.05, and the close was at 342.85. GSPL reached the highest of 348.05 and dipped lowest up to 330.75 last week. This indicates a bullish sentiment for the week.
GSPL full month swing targets
Monthly Up Target 1 | 367.65 |
Monthly Up Target 2 | 375.15 |
Monthly Down Target 1 | 315.75 |
Monthly Down Target 2 | 288.65 |
Targets of ₹367.65 can be expected to be reached in the coming month. Once GSPL achieved this target, we can aim for the next upside target of ₹375.15.
GSPL if fails to hold upside, down targets of ₹315.75 and ₹288.65 can be achieved by end of this month.
For complete three weeks if GSPL is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.
Related Stocks in the Same Sector as GSPL
Symbol | Name | Industry |
---|---|---|
NTPC | NTPC Limited | Utilities - Regulated Electric |
ADANIGREEN | Adani Green Energy Limited | Utilities - Renewable |
POWERGRID | Power Grid Corporation of India Limited | Utilities - Regulated Electric |
ADANIPOWER | Adani Power Limited | Utilities - Independent Power Producers |
TATAPOWER | Tata Power Company Limited | Utilities - Independent Power Producers |
Summary
GSPL is expected to reach the target of 346.93 in tomorrow's trading session.
After achieving the initial target in GSPL, we will aim for higher targets of 351.02 tomorrow.
However, if GSPL starts to trade below ₹343.97, then we will shift our focus to the sell side and aim for down targets of 339.88 and 336.92.