Is GUJARAT STATE PETRONET in uptrend or downtrend?

In the short term price movements in GSPL share indicates the market is Sideways. However, the bulls are trying to absorb supply to take control.

What is GUJARAT STATE PETRONET share price forecast for tomorrow?

In Gujarat State Petronet Limited stock current resistance level is at 271 and support level is at 245. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are GUJARAT STATE PETRONET support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Gujarat State Petronet Limited in the short-term, the supply zone around 271 and 270. Hence, good chances of resistance around 270. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Gujarat State Petronet Limited share is around 245 and 240. Hence, good chances for support around 240.

Why is GUJARAT STATE PETRONET share price falling today?

Perhaps GSPL stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

GUJARAT STATE PETRONET Share Price | Forecast Analysis

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