🚨 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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.