NSE:GULFPETRO Weekly Analysis!
Symmetric Triangle Pattern in NSE:GULFPETRO
Symmetric Triangle Pattern breakout in NSE:GULFPETRO
Golden Crossover in NSE:GULFPETRO
Analysis:
NSE:GULFPETRO has made a clear Symmetric Triangle pattern on weekly time-frame. It is in consolidation since long and gave a breakout with high volume on 29jan. You can also see...
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,...
