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J_ankit
Feb 24, 2023 10:35 AM

GPPL - MONTHLY BREAKOUT Long

GUJARAT PIPAVAV PONSE

Description

Solid strength in stock,

in monthly chart - trendline breakout with volume,

in weekly chart - ascending triangle breakout,

in daily chart - price above all key moving avg.

T1 18% / T2 58% , SL below Rs 88.

Thanks
-AJ

Disclaimer : Consult you financial adviser before any investment.

Comment

the stock given 11% monthly return, volume showing strength in momentum and strong support at 20 ema.

Comment

stock showing support at ema 20.

Comment

monthly negative return of -2% due the partial profit booking.

Trade closed manually

price fall below 20 & 50 ema.

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