Monthly Breakout but still...Monthly Breakout; However, still at Important Resistance zone.
Once 10.70 is Crossed & Sustained, 12 - 12.50 can be easy Targets.
It has given a Breakout from Rectangular Channel around 8.70 - 9.
& also re-tested it.
Hidden Bullish Divergence has also appeared.
as of Now, it should not break 6.60.
GGGL
GGGL: Potential Weekly Breakout TradeGGGL presents an interesting weekly trading opportunity. The stock recently broke out from an approximately 100-week consolidation period, signaling a potential long-term upside. Following the breakout, the price successfully retested the weekly support zone around 8. The weekly candle closed at the 0.5 Fibonacci retracement level, a key area for potential reversals. A bullish divergence initially signaled potential upside, and although the price subsequently entered a consolidation phase, the RSI has now synced with the price action, suggesting renewed upward momentum.
Trading Recommendations:
Buy 1 (CMP): 8.5
Buy 2: 7
Stop-Loss: Closing below 5.5
Take Profit 1: 10.5
Other Potential Targets: 16, 20, and 30 (near all-time highs)
Happy trading!