NSE:GULPOLY has already given 12X returns from its low of Rs19.60. It still remains at low PE than the Average Industry PE. Further move of +40% expected!
need to consolidate to cool off RSI. Below 264 may go down to 240-234 level to get the support. target 1 370 target 2 480
#Gulpoly #Triangle_pattern Triangle PATTERN BREAKOUT signal Happy Learning
NSE:GULPOLY Breakout of Ascending Parallel Channel at 128 Multi-Year Rounding Bottom BO on Weekly Chart at 110 Buy: 165-130 Target: 198-253-287-342 SL: 110 Golden Cross Over on weekly charts Highest Volume Ever Weekly & Monthly RSI > 65
Have drawn 4 rays, representing 4 levels. Accumulate 25% at each level.. SL marking ✅ If it doesn’t come down to fill the quantity, still it’s fine as we’re accumulating 50% on higher levels. View : 1 to 15 months OR 20% to 50% gains, whichever is earlier.
Gulshan Poly looks good for long term from here due to capex and Ethanol play Less Debt 60% rise in sales 4Q21 on 4Q20 650% rise in profit 4Q21 vs 4Q20
result of gulpoly chart analysis
gulpoly chart analysis for intraday and swing trading
Gulshan poly has hit a very old trendline which it has been unable to break in the past. Stock is now struggling to break it
result of gulpoly chart analysis
gulpoly chart analysis for intraday and swing trading
My idea is for educational purpose. Buy Gulshan poly @ 125 till support level of 115 for short term gain of 10-20%.
volume base breakout!! all indicator positive best entry@ 125-120 sl@ 110 target 135,153
volume base breakout relative strength positive rsi abv 60 cross ema 20,50,100,200 best entry@100or 102 SL@95 target @113,120
Refer to the chart for details note: Educational purpose