GSPL trade ideas
GSPLGSPL
daily timeframe
i just shared my experience it is not an invite or recommendation to trade.
if youn any doubt means Please leave comments for any query.
best wishes
DYSON
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
GSPL S/R for 2/9/24Support and Resistance Levels:
Support Levels: These are price points (green line/share) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Gujarat State Petro : A safe bet for 50% with zero SLGujarat State Petro offering a safe and a promising technical play for 50% gains with almost zero SL.
MONTHLY break out with High volume in Gspl Gspl last all time high create in 2021 and after continue to downtrend and now break the old high and create a new high
Darvas Box Strategy - Breakout StockDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss best suitable for swing trading.
Target and Stop loss Shown on Chart. As stop loss is Big we keep Initial Target Ratio 1:1
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.
GSPL--ACCUMULATEtarget 407 of 3rd marked and corrected now after completion of 4th wave consolidating and rising in 5th wave accumulate as may head toward 420 level.
BUY GSPLBuy Opportunity for GSPL
This is my personal analysis. Buy at the market price and have the opportunity to earn from 6% to 10% profit in upside
Buy 305-308
Target – 320 – 330 – 350
Stop loss - no data
GSPL: The Next Rocket StockGSPL
The Fundamentals of GSPL are good.
A profitable company.
Piotroski score of 7 on 9
Stock P/E: 14
FIIs and DIIs present in this stock.
This is a ratio chart of GSPL and Nifty 500
On ratio chart, we can see a breakout out. Which means GSPL can outperform Nifty 500 in coming weeks.
GSPL technical patern suggesting longGSPL is making a rounding bottom on weekly charts suggesting long @ current mkt price for the tgt 500 hold for few weeks
💥Guj State Petronet💥-Nice Breakout💥Guj State Petronet💥-Nice Breakout
Capital to be deployed-20k
Investing Price-339-343
Breakout Price-339
Stoploss-311
Targets-418-586
RT for max reach
#gspl #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
Uptrend starts on gspl☺️Gspl broke and closed above the descending trend line in weekly basis. expect to move upwards till the previous high...
GSPLGujarat State Petroleum looks good after breaking out of the flag and closing above the Gann levels.
Weekly crossover also happening with more volumes
Daily golden crossover also happening in a day or two.
SL below 282.
Targets/trailing SL are marked accordingly
THIS is GSPL IDEA FOR TRADING2-time face rejection from 254 levels: stock trading above 100ema and bullish crossover
We can see stock form rounding bottom pattern. if a stock breaks its 254 levels it can go further easily as per technical analysis
educational purpose only!
GSPL | Swing Long | R/R = 5> A-VWAP supports are strong
> The targets if achieved will confirm long-term trend and we can achieve better Rewards by just holding.
> PSE Index is still looking strong
Note: InvestIn10 would ride this till Momentum exists. The Target & SL are for Swing Investors only.
GSPLis ready to hit 295 Target levels Right time to entry at this level of 264
As the price is at the oversold levels in RSI
and I observed a good Resistance at 264 level
keep watch and keep investing
Gujarat State PetronetGujarat State Petronet all levels given in the chart, trade based on ur own risk and reward before trade do ur own analysis..
GSPLIn the Daily chart of GSPL ,
we can see that, after the failure of Inverted Head & Shoulder, it is taking support at last breakout levels.
Go Long for Higher target with SL
GSPL - Bullish Consolidation with VolumesNSE: 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.
