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GPIL - SWING TRADE - 18th December #stocks

Long
GODAWARI POWER (NSE:GPIL)  
TradeRyteStockz Updated   
NSE:GPIL   GODAWARI POWER
Trend Analysis Chart Patterns Technical Indicators stockmarketindia GPIL swingtrading Ascending Channel supportandresistancezones chartanalysis priceaction traderyte
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trendanalysis chartpattern indicator stockmarketindia gpil swingtrading ascendingchannel supportandresistancezones chartanalysis priceaction traderyte
GPIL (1D TF)

Swing Trade Analysis given on 18th December, 2023 (Monday)

Pattern: ASCENDING CHANNEL
- Breakout of Resistance - Done ✓
- Retracement & Consolidation - In Progress

#stocks #swingtrade #chartanalysis #priceaction #traderyte #gpil
Comment:
Keeping an eye on GPIL

- After the breakout, it looks like its forming a reversal at the support
- Will wait for EOD Candle to take a call
- The RR will work out better with a really small SL
Trade closed: target reached:
GPIL Update
- Target Level achieved
- 13% in 5 Trading Sessions
- Position Closed

#stocks #swingtrade #chartanalysis #priceaction #traderyte #gpil
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