GHCL potential breakout - One year big base.
- Rounding bottom pattern.
- Consolidating in tight range.
- Near base high.
- Strong prior buying force.
- Low risk entry.
- Can lead to the start of a strong uptrend as it is coming out of a big base.
GHCL
Weekly Potential Breakouts - 2nd Aug '241. GHCL
2. ADVANCED ENZYMES
3. NYKAA
4. HIND RECTIFIERS
5. ADANI WILMAR
6. ROSSARI BIOTECH
7. MOREPEN LABS
8. TTK HEALTHCARE
9. FINO PAYMENTS BANK
10. AKZO NOBEL INDIA
GHCLVery strong stock
Entering out parforme range
Strongly out parforme banchmark index and sectorel index.
create Long swing.
GHCL looking goodBounced off a weekly support around 260. Took a long position drawing support from the cloud as stop. Plan to manage using trailing stop loss.
