forming weaker lows at previous low level. expect small swing of 5% in a week .
Technical Overview: 1. Inverted Head and Shoulder Breakout: The weekly chart for GREENPANEL indicates a notable technical development — the breakout and retest of an Inverted Head and Shoulder pattern. This is a bullish reversal pattern that suggests a potential shift from a downtrend to an uptrend. 2. Horizontal Support on Daily Chart: The daily chart...
CMP 410 Best to accumulate at 386/395 upside 450/500/600
NSE:GREENPANEL Breakout and now retest Support 401 sl- 393 Target- 440+ Rsi>60 MA is in BUY
Greenpanel buy buy buy..............buy buy buy wait for minimum 2 weeks for the said tgt
GREENPANEL CMP 353.15 One can Hold for 400-441 Taken Support Forming Rounding bottom pattern
good volume come also break out range and sustain also near break zone sure to long also momentum opportunity.
Cup With Handle Pattern (W) &(M) Date :- 31-12-2023 Time Frame :- Weekly Buying Zone :- @ 400-422 Stoploss :- @ 365 RRR :- 1 : 6 Target :- 605-625 Profit % :- 49% Profit :- 205 Holding Period :- 3 TO 12 MONTHS
Stock name = Greenpanel Industries Limited. Weekly chart setup Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am...
After details technical and fundamental analysis .. Do your research
Green panel is the low cost furniture manufacturing stock. It is very good fundamental and revenue and profit growth And it is consolidating since 2.5 years so now we are getting it on low valuation. It is also forming proper high and low it is as indicator of strong buyers. I am buying this whenever it will give breakout from major point that I have mentioned...
It seems that GREEN PANEL is trading in DEMAND Zone
Stock price is technically reversed and now making higher highs and higher lows. 310-340 is a strong support zone, daily close above 392 could lead stock price towards 426, 500 and 600. Company is expecting MDF columns to improve in coming quarters and looks like high inventory costs are behind now. Good stock to buy and hold.
NSE:GREENPANEL shared with potential levels including SL. Hit T1 consolidated then now T2, Enjoy your profits.... Show some love to share more charts like this.
Self explanatory. Do your own due diligence before taking any action. Peace!!
NSE:GREENPANEL formed beautiful Cup&Handle BO and looking good. All the potential levels marked !!!
Stocks looks good Volume spike Above 365 good Showing buying strength
This script as disclosed in the chart drawing, is having a value area and now if it is held can have a target as shown. Worth watching for study purpose.