GE POWER @ 260 - Analysis on 22-Mar-2025LTP 260.70
Supports: 230/97
Resistances: 457/647/1046
Immediate Resistance: 277
In the downside, if breaks 230, we can see more fall towards 200/170.
On the upside, need a strong break of immediate resistance 277.
Once break 277, we can see 350 soon.
Ultimate Target zones: 555-607, 770-891, 1100-1300
Small targets by levels: 350, 430, 555, 607, 650, 707, 770, 891, 1100, 1182, 1313.
GEPIL trade ideas
GEPIL - Bullish Setup oNStock name - GE Power India Limited.
✅#Gepil trading above Resistance of 406.
✅Next Resistance is at 700.
✅Moved 68% in 21 weeks.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
GE Power India LtdGE Power India Ltd is engaged in business of engineering, procurement & construction (EPC) of key equipment for thermal and hydro power plants. It is one of the leading players in the Indian power generation equipment market.
The company manufactures and provides boilers, mills, air quality control systems, automation & control, and services for steam powered thermal plants. It is also involved in the EPC of key equipment for hydro and gas powered plants
GEPILStock name = GE Power INDIA Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
GE power, trend change, can we expect 200 % gain from CMP ?GE Power, trend change with volume, can catch at the bottom, hold for ATH, could take time, so need patience. Interesting to note - when every other stock was running in last 2-3 years, this stock was going down. Now it has formed a base and chaged trend, and we all know when trends change, resistances break. Disclaimer - personal opinion only.
CMP - current market price
From CMP to all time high (ATH) is about 200%.
GEPIL - Ichimoku Breakout📈 Stock Name - GE Power India Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 270.
🚨 Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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BUY TODAY SELL TOMORROW for 5% DON’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 GEPIL
BUY TODAY SELL TOMORROW for 5%
Breakout Stock for Tomorrow and Week Ahead Are you looking for a Breakout Stock? It's right here.
What - GEPIL. Breakout Stock.
Why - Bcz it has given a very very good Breakout and also held on it with BIG GREEN CANDLE WITH NO WICK. Hence, we can say that this investors buying and not short term traders. Especially FII Because Dollar Index is low and whenever we see this pattern they buy more.
How - So how I decided the ENTRY, STOPLOSS and TARGETS? I used Fibonacci Retracement.
That's it.
What's your view on this? Please share.
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Disclaimer:
Please note that this is only for Study Purpose and not a recommendation.
So please do your own research before investing in market.
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GE POWER double bottom breakoutCMP 156.15 | Strong Momentum: Price above short, medium and long term moving averages | RSI indicating price strength
*Not recommendation. Do your due diligence
👉All updates/posts are only for education and learning purpose and are personal views
👉 Always Consult your financial advisor before taking trades or investment decisions
GE Power Heading Towards 1201. GE power after falling more than 40% in last 4 months in spite of correcting from 1000 odd levels in last 3 years is poised for a reasonable retracement at least.
2. A 38% retracement of the fall from 170 level takes it to a target of 120.
3. Further strength might take it to 130 levels which is 50% of this fall.
4. Fundamentally all the issues of promoter depromoterisation, pending receivables and losses on net level is fully discounted by march 31st which happens to be the last date for tax loss harvesting.
5. Since most of the selling has been done, a little bit of buying will create massive surge in prices. Watchout
6. Stop loss in the 52 wk low
Disclaimer: I am invested in both trading and investing portfolio.