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GSPL - Bullish Consolidation with Volumes
GUJARAT STATE PETRO LTD
Long
GSPL - Bullish Consolidation with Volumes
By BrahmaBull31
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Jan 23, 2023
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Jan 23, 2023
NSE: GSPL is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
bullishconsolidation
Candlestick Analysis
GSPL
Supply and Demand
Support and Resistance
swingtrade
Trend Lines
volumes
BrahmaBull31
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