GSPL : +15% Upside Potential

25 Nov 2022 GSPL

Stock BO of previous TL on 15 Nov 2022 with huge volume, after spending 2 weeks in the zone fresh BO is seen with volume, likely momentum to continue.

Summary
• BO/RT done
• Stock has shown a good support poc around 238 zone
• 76 days of accumulation
• Fresh BO
Conclusion
• CMP 260.45
• Initiate test qty
• Higher targets could be around
o Short Term – 276/296
o Mid to Long Term – 332/379(Important resistance to watch out for 311-326)

Wish You Happy & safe trading

Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind Jai Bharat