Green Panel Soars Past ₹397! Bigger Targets Ahead!Green Panel on the 4-hour timeframe has entered a long trade setup, with TP1 successfully achieved at ₹397.35. The trade setup is based on the Risological Swing Trading Indicator , providing precise entry and target levels for a confident trade.
Green Panel Key Levels:
TP1: ₹397.35 ✅
TP2: ₹441.75
TP3: ₹486.15
TP4: ₹513.60
Technical Analysis:
The entry price at ₹369.90 has shown a strong breakout, quickly hitting the first profit target. The stop-loss is set at ₹347.70, ensuring disciplined risk management.
The price is moving above the Risological trend line, signaling a continuation of the bullish trend. As the setup remains intact, traders can aim for higher targets with a favorable risk-reward ratio.
Namaste!
Greenpanellong
Greenpanel Industries Trend AnalysisDiwali Pick!!
Hidden gem available at fair value with ROCE & ROE around 30%
Sales increased by 300% in 3.5 years
Net Profit increased by 820%
Borrowings reduced by 46%
Expecting the price to bounce from 315-330 levels
as it is the technical target of head & shoulder pattern
which is also in confluence with golden FIB level.
Good to accumulate at those levels for the following targets:
Short term swing target @ 500 (51.5% ROI)
Medium term swing target @ 600 (81.8% ROI)
Long term positional target @ 915 (177.3% ROI)
Stop loss @ 275 (Optional)
Do your own due diligence before taking any action.
Peace!!