GSPL
# Trading above 10 , 21,63,100 , 200 day EMA
#Looking Bullish
#Targets 290 , 323 #SL 248
The company is the second largest player in terms of gas transmission pipeline network operator in the country with its 2,694 km long pipeline network connecting various cities from Vapi to Jafrabad. GSPL has a well-established network in Gujarat having control over 25 out of 33 districts.
Market Cap
₹ 15,730 Cr.
Stock P/E
9.56
Book Value
₹ 154
Promoter holding
37.6 %
EPS last year
₹ 29.0
EPS latest quarter
₹ 7.73
Debt
₹ 344 Cr.
Pledged percentage
0.00 %
Price to Cash Flow
5.73
Free Cash Flow
₹ 1,456 Cr.
Debt to equity
0.04
Reserves
₹ 8,151 Cr.
Price to book value
1.80
Int Coverage
34.1
PEG Ratio
0.39
GSPL trade ideas
A prudent and profitable approach to investing in NSE stocksHi Traders in NSE stocks.
I am sharing a method to investing in NSE stocks that I personally use to identify opportunities and limit myself to trading only in highly liquid stocks. I hope that the shared information helps you take a new look at trading and also help you in trading profitably in the most liquid NSE stocks.
I am always interested to discuss the markets and approaches to trading. So feel free to engage.
All the best.
GSPLGUJARAT STATE PETR is forming a good pattern, there is a good accumulation happening at current levels.
GUJARAT STATE PETR is Cup with Handle chart pattern breakout wait for entry about of confirmation candle.
This channel is for only educational purpose. Any Profit/loss, I am not responsible.
Sector: Utilities
Industry: Gas Distributors
Gujarat State Petronet Ltd - Good days are coming back!Gujarat State Petronet Ltd
After long correction on the charts some good things are happening for gspl.
On charts it formed ascending triangle pattern with HH and HL given breakout today.
We have expect a good upside from given levels.
Have a look.
Interesting Chart - Fibo Support Vs. Price Action (Making LLs)This chart has interesting attributes
1) Drawn support levels based earlier price support
2) Support levels also match with Fibo retracement levels
However, the price action shows Lower Lows and relative strength is losing
Interesting to see where will this go from here on....
Disc : Not holding and not a buy or sell recommendation. Sharing Technical view.