Gulf Oil Lubricants India Ltd#GULFOILLUB
Daily chart..
Resistance at 1270
Support at 950
Keep an eye on it..
Market cap: $0.65 Billion USD
As of February 2025 Gulf Oil Lubricants has a market cap of $0.65 Billion USD. This makes Gulf Oil Lubricants the world's 6383th most valuable company by market cap according to our data.
OIL's Net Zero commitment encompasses a range of initiatives, including adopting cleaner energy sources, investing in renewable energy projects and implementing advanced technologies to minimize greenhouse gas emissions for which about Rs. 25,000 Cr is envisaged to be invested by 2040.
Gulfoillubricant
Gulf Oil cmp 1153.65 by Weekly Chart viewGulf Oil cmp 1153.65 by Weekly Chart view
- Support Zone at 1060 to 1100 Price Band
- Bullish Head & Shoulder made over 8 year's long timeframe
- Weekly Support at 1000 > 875 > 680 with Resistance at 1310 > ATH 1513.55
- Stock had briefly broken down the Support Zone but recovered over last 2 weeks
- Seems like the stock is picking up and closing above the Support Zone since 26th November is a positive outcome
YR 2022 Idea #126: Long on GULFOILLUBThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.