GSPL trade ideas
GSPL have broke past highs and passed the test. 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.
GSPL-BREAKOUTGSPL 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 #C&H Pattern #H&S pattern#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.
GSPLSl-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.
GSPL : The Trend is Bullish.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 be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
GSPL - on 50/100/200 trendline - watch GSPL is just around 50/100/200 trend line
And also 209-210 will be major resistance leevl.
Once cross - 225- 245 will be quick target.
Add to watch list -- trade only if sustains above 210 for long.
#GSPL #OIL #GAS #BANKNIFTY #NIFTY #NSE #TRADING #COVID19 #GSPL
Gujarat State Petroleum Corporation Ltd.
CMP: 211.30
Target: 218 / 236 / 263
SL: 202
GSPL REACCUMULATIONusing 10% reversal kagi chart..
the diminishing supply levels and higher low formation in demand show up is visualized..
leading to a reverse 3 Buddha reversal pattern on the chart
DISCLAIMER... NOT AN INVESTING/TRADING RECOMMENDATION
