✔️You can see breakout point in the chart and it looks good both technically and fundamentally. → check the numbers → market cap → business → chart etc etc study then invest✅ About the company Gulshan Polyols Ltd is one of the largest manufacturers of Precipitated Calcium Carbonate and Sorbitol in India. It is a market leader with a substantial market...
Gulshan Polyols Ltd ready to break Resistance zone with high volume
The stock has been moving in an ascending parallel channel. At the base of the channel, I see an ascending triangle which when broken out can see a good momentum kick in.
NSE:GULPOLY has already given 12X returns from its low of Rs19.60. It still remains at low PE than the Average Industry PE. Further move of +40% expected!
need to consolidate to cool off RSI. Below 264 may go down to 240-234 level to get the support. target 1 370 target 2 480
NSE:GULPOLY Breakout of Ascending Parallel Channel at 128 Multi-Year Rounding Bottom BO on Weekly Chart at 110 Buy: 165-130 Target: 198-253-287-342 SL: 110 Golden Cross Over on weekly charts Highest Volume Ever Weekly & Monthly RSI > 65