GULF PETRO
Seems Bullish as it is trying to initiate 5th Wave. It has fantastically taken support at Golden ratio(0.618) of Wave 3rd, so it can be hoped that 4th wave formation has been completed. The expected targets are 61.90-68.75 - Long term target is 83.50.
Currently this stock is in triangle pattern once it breaks out it will easily achieve the target of 61.90, remaining two targets needs a mid term to long term view.
Chart & Analysis By - ADARSH DEY
Currently this stock is in triangle pattern once it breaks out it will easily achieve the target of 61.90, remaining two targets needs a mid term to long term view.
Chart & Analysis By - ADARSH DEY
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