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GHCL

GHCL Multiyear ReversalGHCL is a multi year reversal setup. Previously it was able to sustain the multiyear support at 440 Once price sustain the support it made a small continuous pattern similar to cup and handle and given breakout at 553 Higher low in the continuous pattern shows the sign of trend reversal. It is now facing small trendline resistance near 576 which can lead it to retest level and continue the upward journey later. It should keep following Higher High, Lower Low format on weekly timeframe for any upside. Exit if it breach swing low on weekly timeframe or do not sustain the retest level 520. This idea is for mid term investment or positional trading only. Disclaimer - Please do not trade based on this post. Contact with your advisor.
NSE:GHCLLong
by StockEngineers
3
GHCL - Bullish Consolidation Breakout with VolumesNSE: GHCL is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:GHCLLong
by BrahmaBull31
GHCL - Continuation Diamond (Bullish)Based on the price movement, there was a period of consolidation where the price was trading within a range. However, the recent price action indicates a significant break above this consolidation phase, which suggests a continuation of the previous upward trend. Initially, the pattern started during a downtrend as prices formed higher highs and lower lows within a broadening pattern. Subsequently, the trading range gradually narrowed after reaching the peak highs and the lows began to trend upward. The recent breakout above the upper boundary of this narrowing diamond pattern indicates the resumption of the previous uptrend. Note for everyone who came across this reference: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:GHCL
by hardeepssethi
#GHCL #PRICE ACTIONThe company has significantly decreased its debt by 471.53 Cr. The Company has been maintaining an effective average operating margins of 22.33% in the last 5 years. The company has an efficient Cash Conversion Cycle of 70.29 days. The company has a good cash flow management; CFO/PAT stands at 1.54. TRADE OR INVEST wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your. PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
NSE:GHCLLong
by lp9