Stocks
GPPL Stock Analysis: Identifying Bullish Patterns and Key LevelsTake a closer look at the full monthly chart of GPPL, where we can see a clear increase in volume as the price rises, and a decrease in volume as the price corrects. The recent rally has seen significantly higher volume compared to past rallies in this price zone, suggesting a high probability of continued bullish price action in the coming time.
Notice the big bottom wicks on recent candles, indicating strong buying pressure around the 170 level.
GPPL is currently in a consolidation zone. If the stock closes above 200 on a weekly basis, it will increase confidence in buyers. If the resistance at 250 is broken, we recommend trailing the stop loss as per price action.
However, if the price starts to weaken and sustains below 165 on a daily basis, it may indicate a loss of buying pressure. A monthly close below 165 could trigger a bigger correction, potentially reaching the 125 level.
Fundamental Brief:
This company had weaker last quarter results. The company growth primarily depends on international trades happening through there trade route, so it has high risk of getting impacted due to world instabilities. So if you plan to trade or invest here, managing your capital considering this risks becomes vital.
This analysis provides a technical framework for understanding the current market dynamics and potential future price movements for GPPL. By monitoring these levels and trends, you can make more informed trading decisions.
Actionable Takeaways:
Sustained daily closings above 200 along with volume rise should attract bullish momentum here and can be considered for partial entry.
Look for a breakout above 250 with an initial stop loss at 240
Trail the stop loss as per price action if the resistance is broken
Monitor the 165 level for signs of buying pressure or a potential correction
Be prepared to adjust your strategy if the price sustains below 165 on a daily basis
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Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in DMCC Speciality Chemicals Ltd...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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Texmaco Infrastructure & Holding Ltd- Breakout Setup, Move is ON#TEXINFRA trading above Resistance of 154
Next Resistance is at 208
Support is at 103
Here is previous chart:
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
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Next Resistance is at 1666
Support is at 997
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Dixon Technologies - Breakout Setup, Move is ON...#DIXON trading above Resistance of 15840
Next Resistance is at 22101
Support is at 12879
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
KEC International- Breakout Setup, Move is ON...#KEC trading above Resistance of 1198
Next Resistance is at 1589
Support is at 869
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ganesh Housing Corporation - Breakout Setup, Move is ON...#GANESHHOUC trading above Resistance of 1282
Next Resistance is at 1764
Support is at 864
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Indian Hotels - Breakout Setup, Move is ON...#INDHOTEL trading above Resistance of 824
Next Resistance is at 1037
Support is at 651
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Texmaco Infrastructure & Holdings Limited...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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Transport Corporation of India (TCI) - Long Setup, Move is ON...#TCI trading above Resistance of 787
Next Resistance is at 1198
Support is at 724
Here is previous chart:
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in AGI Greenpac Ltd...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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Dixon Technologies - Breakout Setup, Move is ON...#DIXON trading above Resistance of 9909
Next Resistance is at 15840
Support is at 5782
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
KEC International- Breakout Setup, Move is ON...#KEC trading above Resistance of 911
Next Resistance is at 1198
Support is at 622
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ganesh Housing Corporation - Breakout Setup, Move is ON...#GANESHHOUC trading above Resistance of 963
Next Resistance is at 1282
Support is at 686
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Indian Hotels - Breakout Setup, Move is ON...#INDHOTEL trading above Resistance of 651
Next Resistance is at 824
Support is at 509
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Banknifty should fly from here! Due to rate cut expectation #NIFTYBANK action pack analysis on banking sector..are you ready??
Tomorrow is monetory policy, so there is higher probability we can see rate cut as minimum 25 basis points, so i am expecting this news is gonna to be positive specially for banking and nbfc sector, so chances are high banknifty can give solid move towards 54000, atleast 700-1000 points move possible from current level, other side 53000 is really strong support zone for intraday closing, right now price has came down, but it will surely give close above to 53000 levels. For downside we have very strong support zone at 52575-52650 which can act like strong support zone for intraday in case if we see more dip from here. Overall tomorrow mpc news is highly positive for market.
I have a trade for that
take banknifty 54000ce now at 445 you can add more in case if you get some lower levels till 390
keep strict stop loss at 300
so overall we will have 145 points stop loss
for Targets we will keep at 560/675/900++
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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