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skandha1986

GEPIL - Inverted HnS pattern breakout - Trend reversal

Long
GE POWER INDIA LTD (NSE:GEPIL)  
skandha1986  
NSE:GEPIL   GE POWER INDIA LTD
Trend Analysis Chart Patterns
2
2
trendanalysis chartpattern
GEPIL has given trend reversal by breaking out from earlier resistance levels of 190-195 zone.
Also this is a inverted head and shoulder pattern breakout which indicates trend reversal.
Today's strong price momentum and volumes confirm the strong upside momentum in the stock.
Immediate target is coming to 280+.
Good for long term in coming months.
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