GPPL range breakout

GPPL GPPL

Time Frame – Monthly

Observations: -
* Consolidation & range formation seen in 125-75 range.
* Monthly closed above 125 now with monthly inside bar breakout
* Good volume activity seen in this consolidation period
* Price retest the March 2014 breakout level and consolidate above that level now for almost 6 years now
* Trend changed expected now from consolidation to upside

Resistance – 155 / 172 / 200 / 261.90

Support – 100-90 range & 75 level

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