Gulf Oil Lubricants

Dec 1, 2023

Stock at CMP 696.50
PE is 12.8 vs industry PE of 32.6
Intrinsic value is 1389.
It seem to be undervalued

Technically chart has made a cup & handle pattern and given a breakout on weekly chart. Recently the Volume is very High.

This is for Educational purpose.

Dec 8, 2023

Trade active

CMP is 663. It look like it might retest its neck line of 620.If it touches then it will be a good opportunity to accumulate it.

Then it can head for 1st target of 748.

Dec 23, 2023

Trade active

cmp: 711

Yesterday its move more than 7% taking the stock above 700.

first target 744 then 823.

this is for educational purpose

Dec 30, 2023

Trade active

Stock Managed to touch first target of 748. once this resistance is broken it should head for next target of 830.

This is for Educational purpose. Not a Buy/sell recommendation.

Jan 6

Trade active

It is trading at 716.8. Now is is facing resistance zone of 730 to 750.let wait for it break the resistance.

This is for Educational purpose. Not a Buy/sell recommendation.

Feb 2

Trade active

Today it is closed at 894. Achieving its both target of 748 & 830.

Next 910 to 950 is resistance zone. Then 4 digit target.

This is for Educational purpose. Not a Buy/sell recommendation.

Feb 25

Trade active

Now trading at 989. It has crossed both its target. Now heading for ATH of 1100.

Following the upward channel.

This is for Educational purpose. Not a Buy/sell recommendation.

May 25

Note

Stock has moved from 692 to 1012 more than 45% move.

Now it is testing it ATH . After crossing it stock can go more higher.

Jul 21

Trade active

If it go 1000 to 1100 is a perfect zone to accumulate it. It can go to 1700 in near future.

Not a buy/sell recommendation