Orient Green Power (GREENPOWER) Technical Analysis:- Here's a breakdown of some resources for you to analyze Orient Green Power's (GREENPOWER) technical:
Overall Analysis::- As per previous chart history and pattern along with my personal opinion as a technical analysis, I suggest this stock to buy at CMP20 or wait for a DIP
This is because all indicators show a mix of signals. There's a "sell" rating based on technical indicators, but some analysts see a potential cup and handle pattern indicating a rise.
Important Reminders:- Technical analysis is just one piece of the puzzle. Consider fundamental factors and news related to the company for a more comprehensive view.
No single indicator is perfect, and analysis can be subjective. Use these resources as a starting point for your own research.
Always set stop-loss orders to manage risk, regardless of the technical signals.
Disclaimer: I cannot provide financial advice because I am NOT SEBI registered. Do your own research before making any investment decisions.
Thanks for your support as always
GreenPower (GREENPOWER) Support and Resistance Levels
Here's a quick rundown on GreenPower's (GREENPOWER) support and resistance levels:
Current Price (as of June 7, 2024): ₹19.75 (according to Bazaartrend [Source 2])
Short-Term Support: ₹19.1 (according to munafasutra [Source 1])
Short-Term Resistance: ₹19.9 (according to munafasutra [Source 1])
Additional Support Levels:
₹19.7 (5-Day Moving Average) [Source 1]
₹21.00 (Recent Support Level, may not hold) [Source 3]
Resistance Levels to Watch:
₹23.58 (Short-Term Stoploss for Sell Recommendation) [Source 2]
₹24.22 (20-Day Moving Average) [Source 1]
Remember:
These are just a few data points, and support and resistance levels can be dynamic.
Consider using charting tools to visualize these levels and recent price movements.
Overall Analysis::- As per previous chart history and pattern along with my personal opinion as a technical analysis, I suggest this stock to buy at CMP20 or wait for a DIP
This is because all indicators show a mix of signals. There's a "sell" rating based on technical indicators, but some analysts see a potential cup and handle pattern indicating a rise.
Important Reminders:- Technical analysis is just one piece of the puzzle. Consider fundamental factors and news related to the company for a more comprehensive view.
No single indicator is perfect, and analysis can be subjective. Use these resources as a starting point for your own research.
Always set stop-loss orders to manage risk, regardless of the technical signals.
Disclaimer: I cannot provide financial advice because I am NOT SEBI registered. Do your own research before making any investment decisions.
Thanks for your support as always
GreenPower (GREENPOWER) Support and Resistance Levels
Here's a quick rundown on GreenPower's (GREENPOWER) support and resistance levels:
Current Price (as of June 7, 2024): ₹19.75 (according to Bazaartrend [Source 2])
Short-Term Support: ₹19.1 (according to munafasutra [Source 1])
Short-Term Resistance: ₹19.9 (according to munafasutra [Source 1])
Additional Support Levels:
₹19.7 (5-Day Moving Average) [Source 1]
₹21.00 (Recent Support Level, may not hold) [Source 3]
Resistance Levels to Watch:
₹23.58 (Short-Term Stoploss for Sell Recommendation) [Source 2]
₹24.22 (20-Day Moving Average) [Source 1]
Remember:
These are just a few data points, and support and resistance levels can be dynamic.
Consider using charting tools to visualize these levels and recent price movements.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.