Godawari Power & Ispat Ltd - Multiyear Breakout
#GPIL
CMP ₹.756.9
Date: 30-12-2023
Godawari Power & Ispat Ltd is an India based integrated steel company. The company's segment includes steel and electricity. Promoter holdings more than 60% with zero promoter pledge and almost debt free company. Stock is now at its 52 week high with fair volumes. Technically looking good with breakout of multiple resistance trend lines. A 50% movement can be expected within a short span of time. Stoploss @ ₹.730-₹.740 range.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
CMP ₹.756.9
Date: 30-12-2023
Godawari Power & Ispat Ltd is an India based integrated steel company. The company's segment includes steel and electricity. Promoter holdings more than 60% with zero promoter pledge and almost debt free company. Stock is now at its 52 week high with fair volumes. Technically looking good with breakout of multiple resistance trend lines. A 50% movement can be expected within a short span of time. Stoploss @ ₹.730-₹.740 range.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
Trade active:
Breakout retesting