The stock is about to take out its previous high of 367 if it sustains above 357 and is looking good on charts with vols building up. Buy Gss America only if it sustains above 357 for quick targets od 380/395 with a strick stoploss of 345. Just watch out for huge volumes if it gives a breakout because without volumes it can be a FAKE out also.
Stock view: House of Pearl Fashion
Perfect Rectangle formation as you can see on the charts. The stock has been trading in this range since last one and a half months. Both side trading opportunites are available, break of 77 on closing basis may take this stock to 70 rs. And on the upside Buy House of Pearl Fashions only if it sustains above 85 for quick targets of 90/93 and with a stoploss of 82.
Buy Gtlnfra if it sustains above 45 for short term target of 49-50 with as strict stoploss of 42.5.( right now dont have time to post chart)
Apologizies to those visitors who could not find a new post yesterday as I was busy with some personal work.
Have a nice trading day
Regards
Ankit
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