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.
This scrip is expected to give breakout in the coming days as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Kindly like and share it to all your friends nd needy people. Thanks to all.
Gujarat Industries Power Co. Ltd. engages in the business of electrical power generation. It generates power from gas based, lignite and solar and wind power plants. The company was founded on June 1, 1985 and is headquartered in Vadodara, India.