Nifyt
GSPL BUY signal at 223 , Support at the trendlineI will buy GSPL because :
It has been taking support at the trend line .
So will be looking at buying opportunities.
Entry : 192
Target : 223
Stop loss : 189
Long at Demand Zone with Good RR ratioCurrent price level is clearly a good demand zone where buyers emerge. We can go long here with small Stop Loss just below the low made recently on closing basis and expect a good profit in short term. RSI 40 for this stock worked as extreme oversold zone and again bouncing from this level thus confirming the idea of going long.
