GUJARAT INDUSTRIES POWER CO.LTViés de alta
Consolidation Range Breakout Pattern
With current close, the stock has broken out its "Consolidation Range Breakout pattern" at 91 levels on a closing basis along with rising volumes.
on the daily and weekly chart, the stock continue to scale upward forming higher top and higher bottom formation indicating sustained uptrend.
this buying momentum was observed from its 20-day SMA support zone which remains a crucial level to watch for
the daily and weekly strength indicator RSI i in bullish mode along eighth positive crossover which supports rising straight
The above analysis indicate an upside of 115-120 levels. time period is 3 to 4 weeks.
on the daily and weekly chart, the stock continue to scale upward forming higher top and higher bottom formation indicating sustained uptrend.
this buying momentum was observed from its 20-day SMA support zone which remains a crucial level to watch for
the daily and weekly strength indicator RSI i in bullish mode along eighth positive crossover which supports rising straight
The above analysis indicate an upside of 115-120 levels. time period is 3 to 4 weeks.
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