GTPL trade ideas
GTPL Hathway Short Term TrendAs can be seen in the weekly chart, GTPL hathway is respecting the fibo levels which are acting as major resistance and support for the short-term. Can easily see 157+ in short term.
GTPL Hathway - At Strong Trendline SupportCan be bought with a stop loss below 120 WCB.
Targets of 180-200 in the coming month.
DAILY SWING CALL // Thursday 7th of January 2021 / GTPLDAILY SWING CALL // Thursday 7th of January 2021 / GTPL
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 143.15
TARGET: 165 (15% Around)
STOP LOSS: 128 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks
GTPL Breakout of Horizontal ResistanceAfter 3 attempt, it finally broke the Resistance line.. and closed above it.
Good chances of it getting to 172 levels in near future as this is the next big resistance....
GTPL Hathway on a breakoutGTPL Hathway has given a breakout from a bullish chart pattern that is cup n handle on double of average volumes. It offers risk to reward ratio of 1:4. Stop loss below 119 and target 174.
Disclaimer: this is not a recommendation to buy or sell. For educational purpose only.
GTPL: Small Moves High ReturnsGTPL Bullish above 118
Because range is being formed of 110.80 to 117.85
Sl 110 can be safe play
for targets above all pink line resistances 125, 133, 140
GTPL // Warming up for mega moves? NSE:GTPL
Call for Friday 11th September 2020 // This is a swing trade call and not an intra-day trade //
CMP / LTP: 92.7
IDEAL BUYING RANGE*: 90-94
TARGET: 111+ (20%+ Around)
STOP LOSS: 83 (10-12 % Max)
DURATION: In 15-20 Trading Sessions Target should be achieved
Notes:
- *IDEAL BUYING RANGE: This is the pricing range if the stock corrects after my buy call. If u don't want an aggressive trade, you can wait.
- Please follow the Stop Loss strictly (Tolerance of 1% +/- in SL). If you are manually monitoring SL follow them on daily closing basis.
- Recommended Profit Booking / Exit is on +15% on CMP & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades, but if SL / Target are not triggered and you still wish to hold the trade, this can be
done as long as SL is followed or trailed.
- All my reco trades are with Minimum Risk to Reward (RR) 1: 1.5 (Can go upto 2-3 range depending on the market conditions)t for a "possible" (not
guaranteed) correction. One can also do a staggered buying (50% on LTP and balance 50% if the stock goes down further 2-3-5% range). This way
the Risk Reward can be improved and profit can be maximized.
- This is a swing trade call and not an intra-day trade
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
GTPL Hathway Ltd - Great Bullish Chart, Near 52 Week HighGTPL Hathway Ltd had a golden run in past few weeks.
From a LOW of 32.35 on 23rd March 2020 the stock has managed to show a very sharp recovery of almost 302 percent.
Great things about the fundamentals:
Company has reduced debt.
Stock is providing a good dividend yield of 3.06%.
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 34.13%
The above facts are keeping the Investors glued to the company.
Technical Facts:
Fresh Breakout with Exceptional Volumes
Made 52 Weeks High at 104 but got rejected and down 6 points from there.
The Upper Wick is of the same size as the body.
Trading near Psychological levels of 100
Respecting Support Trendline
Gapped Up at 80 as well
MFI at 83 which shows that the stock is in Overbought Zone
Looks like a small correction is on the way.
after good results trading very close to the support! soo???i hv bough it. lets see whats on the store!
Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
EXACT DOUBLE BOTTOM MADE IN GTPL Hathwayexcellent oppurtunity to buy now in lowest value. Keep previous low as SL
