#GULFPETRO VCP BO with VolumeIn DTF stock formed a VCP BO with volume
Before BO volume dry up & Price consolidated before BO.
GULFPETRO trade ideas
BUY TODAY SELL TOMORROW for 5% By Kapil-MittalDON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in GULFPETRO
BUY TODAY SELL TOMORROW for 5%
GULFPETRO Bullish view Entry # 75 Stop # 70 Target # 90Bullish Breakout,with decent volume, expecting good return for that. Entry # 75 Stop # 70 Target # 90, Petro chem stock may be the sector for this week. Watch-out.
could be an upcoming MultibaggerLook well on both Chart and Fundamental .
Value stock
could double from here .
GP Petroleums Cup & HandleLooks like a good set up forming cup and handle
Targets on monthly basis hold with patience.
SL-53
Breakout- GULF PETROLEUMSBullish Pennant Breakout Setup
RSI above 65 and rising
Trading above EMA50
Volume spurt
Disc: for study, not a recommendation
GP Petroleums LTD Analysis!NSE:GULFPETRO Weekly Analysis!
Symmetric Triangle Pattern in NSE:GULFPETRO
Symmetric Triangle Pattern breakout in NSE:GULFPETRO
Golden Crossover in NSE:GULFPETRO
Analysis:
NSE:GULFPETRO has made a clear Symmetric Triangle pattern on weekly time-frame. It is in consolidation since long and gave a breakout with high volume on 29jan. You can also see the golden crossover on the chart where 50 period EMA crossed 200 period EMA from below. Golden crossover is the indication of starting the uptrend . After the breakout price is now retesting the support. If price establishes the support zone between 63-68, it will act like a strong support.
Trade Psychology and Setup:
Entry = Current levels are good for buying(65-70)
Target = Long Term Target 224
Stop Loss = Strict Stop Loss 48.20
Disclaimer = All my analysis is for Educational Purposes only.
Before entering into any trade -
1) Educate Yourself
2) Do your research and analysis
3) Define your Risk to Reward ratio
4) Don't trade with full capital
GULFPETRO bullish; above 78.2 ? - Tuesday 20th Feb.The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buy in hope of another 2% upmove intraday.
"High Risk Traders" patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
GULFPETRO Breakout With High Volume-trend breakout with high volume and closed in strong zone
-rsi rising shows strength in momentum
-adx rising macd crossover done
-keep in radar it can move more 35% from here
gulfpetro cup&handle patterngulfpetro cup & handle pattern formed buy with a potential upside target of rs.100
GULFPETRO | Swing trade with decent RRR.Swing Trade opportunity.
CMP: ~ 52.80( Buy @ ~ 56.30)
SL: ~ 49.75
Target: ~ 66.95 | ~ 77.55 | ~ 94.75
( Targets calculated on the basis of Fib. and previous swings )
Disclaimer:
I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my views and have fun!!! Don’t take me seriously…..
Happy trading !!!
Range breakout in GULFPETROAs the market is not in the mood we'll put tight stop losses, and one can book partial profits at some levels.
Chart -> GULFPETRO Daily
The stock has broken a 1-year long range today, near its 200-Days moving average. Volume has also popped out.
CMP: 61.75
Targets: 67, 70, 75
SL: 57 on a two-day closing basis
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Expecting Breakout and the short Term Pick ✌✌✌This scrip is expected to give some short Term returns in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Short Term pick ✌✌✌This scrip has choosen for short term pick. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
GULF PETROSeems Bullish as it is trying to initiate 5th Wave. It has fantastically taken support at Golden ratio(0.618) of Wave 3rd, so it can be hoped that 4th wave formation has been completed. The expected targets are 61.90-68.75 - Long term target is 83.50.
Currently this stock is in triangle pattern once it breaks out it will easily achieve the target of 61.90, remaining two targets needs a mid term to long term view.
Chart & Analysis By - ADARSH DEY
GP Petroleums Support and Resistance Bullish SetupPositional Trade: Buy GP Petroleums
Last: 69.60
Target: 77
Stop Loss: 66
Gulf Petroleum - CMP: 56The stock has given Triangle Pattern Breakout on the weekly chart. Increasing delivery volume indicates positive movement ahead. All oscillators are in bullish bios. We can expect an overall pattern target of 82 in the Midterm. Also, we can expect a target of 69 in the near term.
educationalGULFPETRO buy CMP 44 SL 38 TGT 56++ view short term Positional 200 SMA cross over and making POSITIVE for oil
GP Petroleums- Symmetrical Triangle+ Bollinger Band Breakout-BuyAs seen in GP Petroleums has broken out of symmetrical triangle with volumes on the daily chart. Also, it has given a breakout of the bollinger bands indicating a bullish move.
It is bullish in larger time frame also.
Expected Levels- 96 ,105, 115
In the hourly chart it has given a flag pattern breakout for which the target is 96. Its previous all time high is around 99, where it can be resisted. A break of 99 on closing basis would see a easy move to 115.
