GSPL Price Action, muliple trade set up

GSPL (Gujarat State Petronet Ltd) traded firm today, closing near ₹387 and maintaining a robust uptrend. The stock established an intraday range between ₹379 and ₹392, with active buying visible on dips. Technical structure continues to favor the bulls, as GSPL remains well above its short-term moving averages and consistently sets higher lows on the daily chart.

Momentum indicators are positive but not overbought, pointing to continued strength with scope for moderate upside. Immediate resistance is placed at ₹395, and a breakout above this level could target the ₹410–₹420 range. Support levels are found at ₹380 and ₹372; a fall below these may prompt short-term profit booking, but trend reversal signals remain absent for now.

Overall, GSPL’s price action and technicals highlight sustained bullish sentiment, with pullbacks finding buyers and volume trends supporting further gains as long as it holds above key support zones.