Is GP PETROLEUMS in uptrend or downtrend?

In the short term price movements in GULFPETRO share indicates the market has a decisive bullish trend.

What is GP PETROLEUMS share price forecast for tomorrow?

In GP Petroleums Limited stock current resistance level is at 30 and support level is at 24. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bullish.

What are GP PETROLEUMS support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For GP Petroleums Limited in the short-term, the supply zone around 30 and 30. Hence, good chances of resistance around 30. 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 GP Petroleums Limited share is around 24 and 20. Hence, good chances for support around 20.

Why is GP PETROLEUMS share price falling today?

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

GP PETROLEUMS Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data