Scrip has been making new highs lately however its taking resistance at 165 level, positive breakout above 165 levels could take scrip inch higher upto 176 levels.
MACD giving bullish signals on daily charts
Go long on the scrip.
Area of rejection for GSPL was 157-170 zone - which suggested that Bearish Butterfly is active- Likely it has turned from 147 lows which was B-Swing High in the pattern
Going Below 147 Mark -we shall look for target zone 129-132- where we had C-Point of the pattern.