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me1vap

GE power, trend change, can we expect 200 % gain from CMP ?

Long
GE POWER INDIA LTD (BSE_DLY:GEPIL)  
me1vap  
BSE_DLY:GEPIL   GE POWER INDIA LTD
Trend Analysis Chart Patterns
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trendanalysis chartpattern
GE Power, trend change with volume, can catch at the bottom, hold for ATH, could take time, so need patience. Interesting to note - when every other stock was running in last 2-3 years, this stock was going down. Now it has formed a base and chaged trend, and we all know when trends change, resistances break. Disclaimer - personal opinion only.

  1. CMP - current market price
  2. From CMP to all time high (ATH) is about 200%.
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