GEPIL trade ideas
Down Trend line BreakoutStock has broken the monthly down trendline. Buy at 281.20 for a target of 330
Triangle BO and moving upGEPIL broke out of the triangle pattern many days ago...if it manages to remain ABOVE 200 EMA ( blue arrow) it is still a good buy..S&R levels marked by horizontal blue lines...they are also the targets...the risk in this trade is high because it broke out many days ago, so please consider it before trading...but as i mentioned if it remains above 200 EMA it is still a buy. This is an IDEA, not ADVICE to trade.
GE 2.50% Power India Ltd_GEPIL_Daily_Long_12.11.2017 GE 2.50% Power India Ltd_GEPIL_Daily_Long_12.11.2017
Quality - Good
Valuation - Very Attractive
Financial Trend - Positive
Delivery Percentage - Good
Entry - 663.70
Target - 697.27
Stop Loss - 641. 44
