Positional LongsBullish Structure,
If price comes to levels mentioned on the chart, investors can build positional longs near confluence support zones with a small SL as indicated
GHCL trade ideas
GHCL, 60 min - walking the Bandcan go LONG on the stock with a target of ard 306-310 with a stop below 285.
BUY GHCL @ 274Volume with breakout on weekly chart at CMP 274, stock can be buy from current level, One can keep SL of 258 on weekly closing basis
GHCL 229CMP 229 , Time to go long. results disappointed but momentum continues. Aroon indicator has just turned bullish on weekly charts might see a good run above 240 levels . Once above 240 the stock might test 300-320 in medium term
GHCL @ 244Stock has successfully crossed 236 level and maintain its breakout zone. Keeping SL 229 will go for target 260 & 278
GHCLtrade Explained in chart..Even if SL gets triggered if anything goes wrong it has super support of 210. Keep adding till 210
trgt 277+ (300 too is possible)
Fundamentally good script
ghcl huge upside potentialbuyback from ghcl is over. stock is fundamentally strong and technically bottomed out it can be bought for long term.
GHCL, Low risk tradeLets but this with SL of close below 250
CMP 268, Buy 75% now and add rest on any dips towards 260
Target 290/300 and beyond.
Healthy Breakout in GHCLOne can buy GHCL now and on any dips till 245.
Target 1- 275
Target 2- 290
SL- CLOSE BELOW 234
ONLY FOR EDUCATIONAL PURPOSELuks lyk flag but not proper ,flag is a countinous pattern , hope channel will be brkout in upside ....
Number game with GHCLThe company plans to buyback shares worth Rs.800 Million(Src: BSE-Moneycontrol) through open market at the ceiling price of 315 on 31st Jan.
In volume for 15 min chart, I see buying of 360K shares @ Avg price of Rs285.
285*360,000 ~ 100 Million
Implies volume for buying share worth 800 Million to be around 2Million(more).
CMP: 281
Experts please review this number strategy
