Range breakout in GULFPETRO
As the market is not in the mood we'll put tight stop losses, and one can book partial profits at some levels.
Chart -> GULFPETRO Daily
The stock has broken a 1-year long range today, near its 200-Days moving average. Volume has also popped out.
CMP: 61.75
Targets: 67, 70, 75
SL: 57 on a two-day closing basis
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Chart -> GULFPETRO Daily
The stock has broken a 1-year long range today, near its 200-Days moving average. Volume has also popped out.
CMP: 61.75
Targets: 67, 70, 75
SL: 57 on a two-day closing basis
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
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