Gujarat Industries Power Co. Ltd.
Long
Mis à jour

GIPCL will it finally break its consolidation

795
GIPCL has been consolidating in a price range of 105-70 for almost 2 years now. Right now the price is nicely stabilizing near the supply range which is getting supported by good volume it looks like the supply is getting absorbed now and its ready to finally breach the resistance. Stop loss can be placed @ 90. This is a positional pick.

*DISCLAIMER*

This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
Transaction en cours
GIPCL hits its first target 12% gain
Transaction en cours
GIPCL hits 2nd target 22% gain

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