Long-term Bullish view . . . . . . . . . . . . . . .
RSI REVERSAL Volume increase tenure : 1-2 month TGT : 634,662 BUy : 602
Buy from cmp to 626 easy target 664 sl - daily close below 626 Disclaimer : This is my personal analysis for study purpose not intended for trading
possible up move............good for buy
Stop Loss Below 620 Buy at CMP 699 for target of 900 and 1100 Time Period : 12 Months (10% gain can come with in June & July) Stock is trading below reversal level (Trend line) but same have been tested 3-4 time. Last Three candles are inside candle and can give breakout soon Can invest 15% of portfolio
Gulf Oil Has been trading in a tight range. Wait for breakout of the range. After Breakout, the stock can be bought for a target of 760/800, with a stop loss of 700.
GULFOIL EQUITY levels ...24/05/2021 (D candle)
Keep on your radar for swing. As it is slowly built up and once breaks trendline we will expecting some decent return.
Positional Pick - Buy near bottom trendline region ~660 levels.
Slow price moment support , not expecting big moment
stock has broken a very good resistance with a huge volume now consolidating and currently available at multiple support like a horizontal support + trend line + 200EMA.
once breakout happen target 5% to 10%
Hi Investors, GULFOILLUB's 700 price zone was tested 5 times in the past 30 months in a weekly time frame. Possible upside breakout above 765. Rest is explained in the chart. I hope you will benefit from this knowledge -MetaVish
Although it has broken out of the bearish shadow, but will still may tend to move around the resistance line till 21st January,'21 and may go down up to a level of 745. Good time for entry at low's.
#GULFOILLUB WEEKLY CHART VIEW!! Gulf Oil Corporation Ltd faced resistance from the downtrend line and 200 SMA. Likely to see momentum breakout above swing high of 842 and looks quite strong as per technical parameters and volume setup. 200 SMA likely to act as a strong resistance for the stock in short term. Keep a watch.
#GULFOILLUB WEEKLY CHART VIEW!! Gulf Oil Corporation Ltd is consolidating in an Ascending Triangle pattern in the weekly chart and recently bounced from the lower line of the pattern. Probable resistance comes at 690-705 zone. Closing above 705 level may lead to further strength in the medium term. Keep a watch.
#GULFOILLUB WEEKLY CHART VIEW!! Gulf Oil Lubricants India Ltd. is consolidating in an Ascending Triangle pattern in the weekly chart and recently bounced from the lower line of the pattern. Probable resistance comes at 690-705 zone. Closing above 705 level may lead to further strength in the medium term. Keep a watch.