Bounced off a weekly support around 260. Took a long position drawing support from the cloud as stop. Plan to manage using trailing stop loss.
GHCL is trading above cloud & getting support around it. Above Kijunsen (285) Bullish momentum may resume.
GHCL Elliott Wave count
If candles closes with strength on Weekly High>292 and Weekly Close >287.90 Duration 3-5 months Target 450 SL 210 Weekly C>264.50 will be a TGC with Strength confirming reversal CCI W>100