GPottabathni

@GPottabathni GPIL Target 338

Short
NSE:GPIL   GODAWARI POWER
The results were extraordinary YOY. However the long term view is bearish. The Monthly chart setup shows a double top formation. There has been a significant correction but upmove is limited despite strong performance from the company. The stock may move till 338 and may correct until 255. Thats what i think.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.