suraranjanganguli

GMDC LTD for Swing / Positional

Long
NSE:GMDCLTD   GUJARAT MINERAL DE
GMDC LTD Prediction for Swing / Positional Trading

First breakout at Entry 1 level. Second breakout at Entry 2 Level above 228. This entry 2 may be retest. you can entry now and more buy on retesting. Volume also supports the breakout.

SLs- 208, 185
Targets- 270,350,485,700,…

Intermediate Targets- 239,249,259,269,279,290,300,320,340,360,372,383,402,435,445,495,505,515,535,548,570,…….

According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.

Can anyone tell me which chat patterns are shown up here?

Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.

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About GMDC-
Gujarat Mineral Development Corp. Ltd. (GMDC LTD) engages in the development of mineral resources. The firm operates through Mining and Power segments. Its products include lignite, bauxite, fluorspar, manganese, silica sand, limestone, bentonite, and ball clay. The company was founded on May 15, 1963 and is headquartered in Ahmedabad, India.

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Comment:
Entry 2 almost retested (235.65 - low) . On 6 Sept 2023 our Intermediate target 269 exactly touched and get resistance from that level. Today High 295.65 and fulfill our 6th Intermediate target 290.
In 10 Days Profit= 25% +
You can hold or book profit according to your stomach.
Comment:
Achieved Intermediate Target 7- 300 (High 301.7) exactly..
Comment:
Intermediate Target -8 (320) achieved on 29 Sept 2023
Comment:
Intermediate Target-12 (383) achieved on -228 to 383
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Intermediate Target 13 (402) achieved
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