Price Analysis & Overview:
1. Good BO candle formation - showing strong buying dominance.
2. Exceptional volumes.
3. Great earnings.
4. RRR is favourable
Trade Plan:
1. Aggressive entry can be planned at CMP (1100) or wait for safe entry on pullback.
2. SL : 10%
3. TP = 1:2,1:3,1:4,1:5
- Stay tuned for further insights, updates and trade safely!
- These are my...
#GULFOILLUB trading above Resistance of 1100
Next Resistance is at 1546
Support is at 925
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational...
#GULFOILLUB
CMP ₹. 684/-
An undervalued stock with promoter holdings more than 70% . Low debt company with zero promoter pledge. ROCE & ROE improving. Sales & profit increasing YoY with positive cash flow and also company is providing a healthy dividend payout. Eventhough there is a little bit decrease in the promoter holdings , FIIs are increasing their stake....
