GPPL Targets 212! Hourly Swing Gains Surge!Gujarat Pipavav Port Ltd (GPPL), on the 1-hour timeframe, showcased a strong long trade setup using the Risological swing trading indicator . Targets 1 and 2 have been successfully achieved, and the trade is poised to hit the remaining targets as momentum builds.
Key Levels:
TP1: 184.51 ✅
TP2: 195.21 ✅
TP3: 205.91 (Pending)
TP4: 212.53 (Pending)
Technical Analysis:
The entry was precisely placed at 177.90, supported by bullish signals from the Risological swing trader. The stop-loss was positioned at 172.55, ensuring a controlled risk approach. The Risological trend line validated the upward trend, allowing for a seamless move through the first two targets.
The trade continues to show strength, with price action staying above key support levels. The setup suggests a high probability of reaching the next targets, backed by steady buying pressure.
GPPL
GPPL FOR 220GPPL - CMP 199.45
RSI : 39.81
Target 220.00
I am here posting only simple price action.
This stock is taking support from this level and showing strong upward moves as shown in the technical chart for your reference as RSI also confirms this but in the recent bearish move in market this is below 50 EMA.
I am not a SEBI Registered Analyst. Views are personal and for Education purposes only. Please consult your Financial Analyst before making an investment decision.
GPPL - Ichimoku BreakoutStock Name - Gujarat Pipavav Port Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 153
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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Buy GPPL with SL of 98 on Closing BasisAs we see, a rounding bottom is been seen in GPPL on the weekly chart. We need a close above 117 for confirmation and the first target for a swing trade can be 130 and 145 with a SL of 98 on Closing Basis.
Note:: Please trade at your own risk.
Market is highly volatile. I would recommend to trade with lesser capital