GHCL : Descending Triangle Pattern Breakout with huge volumes

٣ أغسطس ٢٠٢٤

GHCL breaking out from a triangle pattern breakout in a weekly timeframe with a decent buying volumes. It can rise upto the initial triangle pattern target 🎯 of 900.

🔰 I've indicated two scenarios of the stock to reach its target 🎯.

🟢 Range : 620-630
🎯 Target : 700 / 800 / 900
🛑 Stop : below 500 (wcb)

⚠️ Disclaimer : it's not a buy/sell advice, it's only a view on the stock for the educational purposes.