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kathanthakkar403
Aug 22, 2022 2:38 PM

Range breakout in GULFPETRO Long

GP PETROLEUMS LTDNSE

Description

As the market is not in the mood we'll put tight stop losses, and one can book partial profits at some levels.

Chart -> GULFPETRO Daily

The stock has broken a 1-year long range today, near its 200-Days moving average. Volume has also popped out.

CMP: 61.75
Targets: 67, 70, 75
SL: 57 on a two-day closing basis

Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
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