GULF OIL LUBRICANTS FORMING INVERSE H&S PATTERN
The stock has been forming an inverse head and shoulder pattern since 2017 and price moved in a narrow sideway trend however at the same time the fundamentals of the company have jumped multifold , eventually price will meet value and as a result the long consolidation is coming to the end this stock literally has all the ticks for both fundamental and technical analyst
FIIs are increasing , PE is the lowest amongst its peers , PROFITABILITY and SALE have shown immense growth
1110-1084 was a curcial resistance for the stock which is breached leading stock to run till 1700 levels and futhermore from there onwards
FIIs are increasing , PE is the lowest amongst its peers , PROFITABILITY and SALE have shown immense growth
1110-1084 was a curcial resistance for the stock which is breached leading stock to run till 1700 levels and futhermore from there onwards