GSPL READY FOR A BLAST
The company is one of the largest players in the natural gas transmission business in India together with its leadership position in Gujarat and strategic location with connection to all major natural gas supply sources.
The stock has been forming an cup and handle pattern on the weekly timeframe . since 2021 the stock was forming this pattern and now it is approaching its final stage if breakout
The fundamentals of the stock are quite stagnant but quite decent and the stock is trading below the industry PE of 18 , its other counterpart petronet LNG is also progressing at pretty solid pace
TARGET 1 - 560 WITHIN 3-4 MONTHS
The stock has been forming an cup and handle pattern on the weekly timeframe . since 2021 the stock was forming this pattern and now it is approaching its final stage if breakout
The fundamentals of the stock are quite stagnant but quite decent and the stock is trading below the industry PE of 18 , its other counterpart petronet LNG is also progressing at pretty solid pace
TARGET 1 - 560 WITHIN 3-4 MONTHS
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