Rahul_Ramuka

Is this the Trend Reversal /Bottomed out ??

Long
NSE:GPIL   GODAWARI POWER
GPIL has shown amazing performance in its business in last Financial Year.

Market ( GPIL ) has shown some strength over last one month forming higher highs and higher lows consistently. After the Government amendments on Export duty of Steel ( Increased ). Steel market has shaken off some bite but now it came on track it feels.
Founders & Chairpersons are looking forward for the expansion of their Business as they acquired 79% stake in Alok Ferro Alloys Ltd.

While Technical indicators are bullish one must only buy after seeing closing above @265 strictly maintaining own Stop Loss.


Disclaimer: Information provided here is just for Educational purpose, One must do its own analysis before taking any #Risk. Consult ur financial advisor for better view on same.

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