Fibonacci retracement of .5 level is working as support also volume also looks good. This can give upside movement to price 115 Target 1 and 120 target 2 in upcoming days.
PS Note:
This Idea is only for educational purpose; I am not SEBI registered advisor; Please enter at your own risk.
I am not responsible for any profit/loss incurred due to this Idea.
GPPL had a good momentum today, There is a positive momentum on Weekly and Daily Chart. If it crosses 125 then it will be giving a break out of last 3 year
Entry: 112
SL : 5% - 7%
Exit / Next Tranche, Above 125
according to yesterdays market, we have seen a bullish trend in this stock. my yesterdays intraday target prices hit twice yesterday. and now i did a analysis for todays market.
if market opens in bullish trend and out of this values then i will post a new analysis of this stock.
but if mrket opens within this values and then it show a bullish trend then the...
Gujarat Alkalies
Buy @615
SL :- 602
1ST Target Price :- 630
2nd Target Price :- 640
Don't take it as a investment call
i am not sure am i right or wrong in this analysis......
Here is the weekly charts of Gujarat Pipavav Ports. (OPEN CHART FOR DETAILED VIEW)
Firstly, a historical crucial zone (117-112) is again in action. The price today crossed this zone but wasn't able to sustain above this 7 year old zone, and came back to the purple area. Here the volumes are very high, THIS MEANS THAT THE STOCK CAN GIVE A GOOD BREAKOUT.
Secondly,...
![GPPL: Gujarat pipavav [breakout-retest structure]](https://s3.tradingview.com/y/YloDakKf_mid.png "Gujarat pipavav [breakout-retest structure]")
