GSPL
GSPL: The Next Rocket StockGSPL
The Fundamentals of GSPL are good.
A profitable company.
Piotroski score of 7 on 9
Stock P/E: 14
FIIs and DIIs present in this stock.
This is a ratio chart of GSPL and Nifty 500
On ratio chart, we can see a breakout out. Which means GSPL can outperform Nifty 500 in coming weeks.
GSPL - Bullish Consolidation with VolumesNSE: GSPL is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
GSPLGUJARAT STATE PETR is forming a good pattern, there is a good accumulation happening at current levels.
GUJARAT STATE PETR is Cup with Handle chart pattern breakout wait for entry about of confirmation candle.
This channel is for only educational purpose. Any Profit/loss, I am not responsible.
Sector: Utilities
Industry: Gas Distributors
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 : 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.