This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
Gujarat Industries Power Company GIPCL has been in the consolidation for the last 3 years. Now the price has shown strength and broken out of its resistance with good volumes. As after the breakout price is approaching retest level.
1st Target 110
2nd Target 145
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Close above purple line can add momentum.
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.