GOCL Corporation – Strong Bullish Reversal & Breakout SetupGOCL Corporation LimitedNSE:GOCLCORPnandupkThe price has shown a sharp bullish reversal after a prolonged downtrend and is currently trading around the ₹260–₹265 zone. The strong bullish candle with volume indicates fresh buying interest, suggesting a potential trend reversal if momentum sustains. The key demand/support zone lies near ₹220 – ₹242, which can act as a base on pullbacks. Trade Plan Entry Zone: ₹255 – ₹265 (on consolidation or minor pullback near current levels) Stop Loss: ₹220.00 (below key demand zone / invalidation level) Primary Targets: ₹288.75 (near-term resistance level) ₹335.85 (major resistance level) ₹359.60 (extended target if momentum continues) Chart Observations • Price has given a strong bullish reversal after a continuous downtrend. • The ₹220 – ₹242 zone is acting as a strong demand area and recent base. • Current price action near ₹260 shows strength with breakout momentum. • ₹288 is the immediate resistance where price may face initial selling pressure. • A breakout above ₹288 can push the price toward ₹335 and further to ₹360 levels. • Volume spike confirms increased buying interest. Notes • This is an early trend reversal setup — confirmation via consolidation is important. • The stop loss at ₹220 helps manage downside risk effectively. • Traders may consider partial profit booking near ₹288 and trail positions for higher targets. Disclaimer This idea is for educational purposes only and not financial or investment advice. Markets are volatile and conditions can change quickly. Always do your own analysis and apply proper risk management before taking any trades.