GaneshWadhwa

GREENPANEL has re-started it's uptrend

Long
NSE:GREENPANEL   GREENPANEL INDUSTRIES LTD
Greenpanel Industries has come out of a long term Inverted H&S pattern and is ready to start it's previous uptrend after a beautiful breakout with good volumes. One can definitely look to enter for a medium term trade with the stop at 320
Trade active:
Accumulate now. Stock is at retest zone
Trade active:
Keep accumulating. It's at 50 DMA
Trade active:
Move your stop to 360 now. Nothing is wrong with the setup yet. The retracement is on back of little to no volume.
Trade closed: stop reached
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.