GHCL LTDLong
GHCL- Could see regaining the highs
Updated
Volume increased. news based buy possible as issues with its production line is cleared and also dividend is also around the corner. the stock has closed above super trend line and also above the BB Middle Band. MACD is above signal and RSI is also seen as raising.
Stock is on consolidation since Dec 22. Accounting for the dividend of 17.5 per share, the stock could be a good buy at CMP level with SL at 460. target could be 524/550/588/690.
CMP 502.75.
Note: I am not a SEBI registered RIA. The views are my outlook and is not an invite to trade. please use your own due diligence before trading/investing
Stock is on consolidation since Dec 22. Accounting for the dividend of 17.5 per share, the stock could be a good buy at CMP level with SL at 460. target could be 524/550/588/690.
CMP 502.75.
Note: I am not a SEBI registered RIA. The views are my outlook and is not an invite to trade. please use your own due diligence before trading/investing
Note
t1 and t2 hit
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.