This is the analysis of GUJAPOLLO in Weekly Time Frame. Watch carefully. The chart explains itself.
The stock managed to break up line of triangle pattern with volume. It can retest the breakout level. If it will sustain above the breakout level, it is good for the stock.
There are some prediction levels. These Levels act as Support and Resistance according to...
In the Weekly Chart of GUJAPOLLO ,
we can see that, it has given trendline breakout after multiple rejections.
Let it retest and then enter with SL & target.
My expected momentums is shown in chart.
GUJAPOLO- 8 ka funda 100>200 fOR bIG tARGETS
Days = 90 , gap = 1.05, range = 0.35
1) RAnge breakout possible
2) EArlier N8Q detected
3) Darvas Box Breakout possible
4) Multi year breakout from 2008 trendline.
buy on close above 231. sl 210. target 276/309
Risk trade as company's operating profits are -ve, but is showing profits from other income. cash flows are -ve from business activity, but is compensated by investment income,
stock is coming out of multiyear consolidation and is breaking above the consolidation band. for 1st time in almost 2 years price has closed...
Currently in consideration might be breakout soon
Wave 2 in progress -- wave 2 generaly sideways
And wave 3 will move price higher and plus point is wave 3 will break multi year breakout
This scrip is expected to give good breakout in the coming as it is on the verge of breakout. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
If it breaks 220 go for long for swing trade. It has given high of 220 with heavy volume on yesterday. The candle yesterday has closed above 50 SMA with heavy volume .
In Gujapollo share we can take short entry in the stock below the level of 175 till 168 & 160. As clearly seen support level of 180 has been broken & negative divergence has been seen in RSI. Also the stock is trading below the 20 EMA level. So add the stock in your watch list to see the price action movement in the stock.
Always do trading as per your Reward to...
