GSPL - Rounding bottom breakout at 200 ema. Phenomenal risk reward ratio here. The stock has corrected 25%!! Go long with a SL of 200 ema.
in 3rd wave in hourly chart trg marked for you. once crosses 320 it will show real power as channel breakout.
The stock has broken out and retested, so there is a good scope for more upside. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the lower trendline. The target is placed near resistance.
GSPL have brokeout past all time highs and passed the test with good volumes. For short term any dip until 311 is preferred to buy with stop loss being recent swing low at 292. A inverse head and shoulders is seen and ABCD pattern with 2.272 extension is placed at 340 being the target. Aggressive buying may be seen above 340. Overall a good stock to buy at dips.
Important levels marked on chart. NSE:GSPL Education purpose only.
GSPL made all time high and retresment happened and consolidating in tight range . again it is near to all time high if daily close above "342" we can see an up move . Its not any suggestions do your analysis before entering any stocks. thank you
#GSPL Buy if sustain above 314. #Formed C&H pattern immediately after #Inverted_H&S pattern. Keep an Eye! targets and SL mentioned on chart.
Sl-250 #CLEANANDCLEARCHARTS There are 2 major resistance and stock have made a doji on one and consolidating on the upper resistance.(Which is a positive sign) Shoot your queries in comment section.
Ascending Triangle has been formed with a breakout.
The trend is Bullish in the short term, with Parabiolic SAR already in Buy Signal. Aother Oscillators and MA signals are also in favour. Disclaimer: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may...