takmanish007

GPPL, waiting for results to perform?

NSE:GPPL   GUJARAT PIPAVAV PO
Another stock from Shipping n Port family yet to perform after good move by Cochin Shipyard, SCI, Mazagon Dock, GRSE, Adani Ports.

-Green Vol > Red Vol, clearing on falls vol is low compare to up days.
-Good recovery from May start correction.
-Tight closes near Down Trendline Breakout (DTL BO), tested multiple times.
-VCP (Volatility Contraction Pattern by sir Mark Minervini) also playing out: 13W-23/4-3T

Lets see how it perform after results (before results trade can be risky so always waiting for results)

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.