GSPL - BREAK OUT!GSPL HAD GIVEN A BREAK OUT FROM INVERSE H&S PATTERN WITH GOOD VOLUMES.
NEXT TARGET MAY BE PLACED AT 220 AND 224 IN THE COMING WEEKS.
PLACE PROPER STOP LOSS.
GSPL trade ideas
#GujaratStatePetronetLtd, #1YearIn Gujarat state petronet Ltd. found a intrinsic value @246 but the price is below from this. this is a best time to buy GSPL at demand level @146.8 SL @116.50
GSPL going for lifetime high after the big-ticket inter-transferWeekly support of trendline. Wolfe wave 5 on as well.
GSPLGearing up for a good break out from a Cup and Handle in the making, keeping a trailing SL of 180, one can go long at current levels!
Go long on GSPL!!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.
GSPL Long Flag Breakout Flag pattern gave breakout today with good volume so one can consider buying the stock for the target of 168 - 174. Stop Loss 152 on closing basis.
GSPL- Bearish Butterfly Harmonic Pattern Active in zone 157-170Area 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.
