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Close above 595, Looks good for LONG.
Interim support is at 514, expected to move unhindered to 605 with occassional consolidation on the way.
Targets in chart
Target 700, support at 434
GPIL is in bearish trend holding 1/8 descending line. May fall down to 445 and 426 in short term.
NOTE: I previously recommended GPIL buy at 430 for a target of 550rs which got hit in just 5-6 days!
Now, Again I am recommending a buy on GPIL
Buy GPIL at 580
SL of 540
Target of 650-675
12-15% potential upside
Buy GPIL at 431
Lowest risk, Highest reward
in monthly, round bottom pattern formed and breakout happened with high volume,
with sl - 135, pattern tgt - 288, long term tgt - 370
Dear All , Everything is Mentioned Over the Chart ... Good Luck !!!