Gujarat Pipavav Port Ltd (GPPL), on the 1-hour timeframe, showcased a strong long trade setup using the Risological swing trading indicator. Targets 1 and 2 have been successfully achieved, and the trade is poised to hit the remaining targets as momentum builds.
Key Levels:
TP1: 184.51 ✅
TP2: 195.21 ✅
TP3: 205.91 (Pending)
TP4: 212.53 (Pending)
Technical Analysis:
The entry was precisely placed at 177.90, supported by bullish signals from the Risological swing trader. The stop-loss was positioned at 172.55, ensuring a controlled risk approach. The Risological trend line validated the upward trend, allowing for a seamless move through the first two targets.
The trade continues to show strength, with price action staying above key support levels. The setup suggests a high probability of reaching the next targets, backed by steady buying pressure.
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