🚨 GPPL — A CLEAN 1:2.67 RISK–REWARD SETUP
Buy Zone: ₹168
Pivot: ₹168
Stop Loss: ₹147
Target: ₹224
🔥 Technical Reasons
RSI ~61 — healthy momentum zone
MACD bullish
6M relative strength positive
Price above the 50-DMA and 200-DMA
Recent price action forming an ascending-channel structure
₹171 is the immediate resistance; a decisive breakout can open the next leg higher.
Recent sessions show accumulation around ₹160–₹168, with volume expansion on the September 30 move.
🎯 Risk–Reward
Risk: ₹21/share
Reward: ₹56/share
R:R: 1 : 2.67
Potential upside: 33.3%
⚠️ Caution: ADX is only ~18, so the trend is not yet exceptionally strong. ₹171 breakout confirmation is important.
A strong breakout above ₹171 could turn this into a very interesting continuation setup.
#GPPL #GujaratPipavavPort #SwingTrading #BreakoutStocks #MomentumStocks #IndianStocks #NSE #StockMarketIndia #PortStocks
Buy Zone: ₹168
Pivot: ₹168
Stop Loss: ₹147
Target: ₹224
🔥 Technical Reasons
RSI ~61 — healthy momentum zone
MACD bullish
6M relative strength positive
Price above the 50-DMA and 200-DMA
Recent price action forming an ascending-channel structure
₹171 is the immediate resistance; a decisive breakout can open the next leg higher.
Recent sessions show accumulation around ₹160–₹168, with volume expansion on the September 30 move.
🎯 Risk–Reward
Risk: ₹21/share
Reward: ₹56/share
R:R: 1 : 2.67
Potential upside: 33.3%
⚠️ Caution: ADX is only ~18, so the trend is not yet exceptionally strong. ₹171 breakout confirmation is important.
A strong breakout above ₹171 could turn this into a very interesting continuation setup.
#GPPL #GujaratPipavavPort #SwingTrading #BreakoutStocks #MomentumStocks #IndianStocks #NSE #StockMarketIndia #PortStocks
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.