GPPLGPPL (W):- 117.6 CMP LOOKS GOOD FOR MORE UPSIDE :)
1) Multiyear Breakout Soon :)
2) Huge Volume Spurts
GPPL trade ideas
GUJARAT PIPAVAV PORTS LONGHere is the weekly charts of Gujarat Pipavav Ports. (OPEN CHART FOR DETAILED VIEW)
Firstly, a historical crucial zone (117-112) is again in action. The price today crossed this zone but wasn't able to sustain above this 7 year old zone, and came back to the purple area. Here the volumes are very high, THIS MEANS THAT THE STOCK CAN GIVE A GOOD BREAKOUT.
Secondly, an inverted head and shoulders kind of pattern can be seen on the weekly charts. This is followed by a breakout of the pattern line.
These two major points shows bullishness in stock, but what mat create worry among traders at this point is the non-sustainment of the price above the crucial zone. Hence, this gives us two cases:
Risk averse traders are advised to take entry above 122 (sustainment)
Risk takers may take entry here
LEVELS
Entry: Above 122 for risk averse; CMP for Risk takers
Target 1: 132
Target 2: 156
Target 3: 172
STOP LOSS: 108
TRAIL STOP LOSS
RSI: Shows momentum
Volumes: What else do we need
MACD: Bullish
Risk-Reward Ratio FAVORABLE
I would recommend going long on Gujarat Pipavav Ports (with prescribed levels) for a swing trade
FOLLOW IF YOU LIKE THE ANALYSIS...
LIKE AND COMMENT WHAT YOU THINK ABOUT IT...
THANKS!
Inverse H&SRSI Showing Increasing in strength. Price is making higher highs and higher lows with increasing volumes.
Target approx 170.
Sl 85
CMP 115 (returns around 50% and sl around 25%)
Breakout in Gujarat Pipavav Port Ltd...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
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.
3 year breakoutalready given long 5 year breakout on September 2020
now moving in uprising channel from past 1 year
theme - port sector
indicator - all bullish signal
Gujarat Pipavav Port Ltd parallel channel pattern breakoutGujarat Pipavav Port Ltd parallel channel pattern breakout
Successfully retested
GUJARAT PIPAVAV- --bullish after a fallif it follows my line then go for long ..... let it fall first
fundamentally it is a good company....
thanks....
Ascending Channel Breakout Possible ? Traders, Stock is forming ascending channel pattern since JUNE 2020 , Which is almost 1 year pattern hence it is very strong long time pattern. Buyers watch closely on the breakout level , Sellers Watch closely at Stop loss level. Also as this stock is trading near 100 ( which acts as a psychological support/resistance) so consider this point also before entering any trade. This chart analysis was done by me just for educational purpose , all feedback/queries are welcome.
CLEAR BREAKOUT OVER WEEKLY CHARTS!!!Stock has given a significant closing in today's session which sets slightly above the breakout levels, it is highly likely that it will give big bullish move from here so, a long call is recommended with respect to the stop-loss and targets.
Technically GPPL trying to break and close above 100India's first private port with very good fundamentals trying a range brake out around 100.
Technical view
For the last two year GPPL can't make a strong close above 100, if it happen first target around 130 levels. Can add small qty above 100 and more addition possible on retesting. Stop loss will update later. All entry and exit on minimum 1 hour chart.
Fundametal View
Company have a strong domestic and and foreign investors hand. Almost a debt free. Decent cash reserves and maintaining healthy dividend payout.
Close above TL, can expect opportunity for 25% swing tradewait for the close above the TL for the target of 125+
Daily Swing Call for Monday 19th of October 2020 // GPPLDaily Swing Call for Monday 19th of October 2020 // NSE:GPPL
// 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: 90.85
IDEAL BUYING RANGE*: 88-92
TARGET: 105+ (15% Around)
STOP LOSS: 81.75 (10% Around)
DURATION: In 15-20 Trading Sessions Target should be achieved
Notes:
- *IDEAL BUYING RANGE: This is the pricing range if the stock corrects / gaps up after my buy call. If u don't want an aggressive trade, you can wait 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 optimised.
- 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 and is an indicative period, 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)
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market co
Triangular Consolidation Breakout?Education Purpose Only
Triangular consolidation and Breakout with large volume
Bullish candlestick
Buy above 90.9
SL 83.5
Target 105
