Aniketyourtechnicalanalyser

GIPCL stock showing bullish move in coming days-best entry time?

Long
NSE:GIPCL   GUJARAT IND POWER
hello guys! New profitable Idea for you all!
Yes.it's the best entry time at 70.5 because the stock seems to be in overbought zone. TGT for this stock is 85.And holding duration is 1 month.
fundamental results are very good for this stock.the company is growing it's business and earnings.
As the stock was showing certain patterns in the downtrend.
such as triangle patterns,Parallel channel break,etc.
but there was no breakout in any pattern.breakdown was only shown.
And there's also a 1 month old trend line which the stock needs to break for confirm uptrend.
And the stock really did it now with inverted H&S helping it to break!
actually the stock breaked the trend line and we are now waiting for more upside in coming days
Ok....so now I wanted to say is that we should enter in this stock for good profit in your portfolio :)
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Let me know your thoughts about this so please like and comment.
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