1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

GSPL

Discussion in 'Technical Analysis' started by m_padmakumar, Aug 5, 2012.

  1. m_padmakumar

    m_padmakumar Member

    Joined:
    Jun 22, 2012
    Messages:
    119
    Likes Received:
    5
    Hi Shabbir,

    On my analysis GSPL shows W & Break out pattern. Correct me if I am wrong.

    Thanks

    -Padmakumar
     
    m_padmakumar, Aug 5, 2012
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Yes it has formed a W but the long term trend is down and so it is not a break out but forming a support and then may have a pull back.
     
    shabbir, Aug 5, 2012
    Share #2