GTPL Hathway Ltd - Great Bullish Chart, Near 52 Week High

GTPL Hathway Ltd had a golden run in past few weeks.
From a LOW of 32.35 on 23rd March 2020 the stock has managed to show a very sharp recovery of almost 302 percent.
Great things about the fundamentals:

• Company has reduced debt.
  
• Stock is providing a good dividend yield of 3.06%.
  
• Company is expected to give good quarter
  
• Company has been maintaining a healthy dividend payout of 34.13%
  

The above facts are keeping the Investors glued to the company.

Technical Facts:

• Fresh Breakout with Exceptional Volumes
  
• Made 52 Weeks High at 104 but got rejected and down 6 points from there.
  
• The Upper Wick is of the same size as the body.
  
• Trading near Psychological levels of 100
  
• Respecting Support Trendline
  
• Gapped Up at 80 as well
  
• MFI at 83 which shows that the stock is in Overbought Zone
  

Looks like a small correction is on the way.

액티브 트레이드:

The stock made a new high of 108.95 today before showing some correction