GMDC has broken out of a flag pattern with decent volumes. Could reach 82. CMP - 78.25 Targets 82, 90... Trade with SL, take small positions. This is an idea, not advice to trade.
GMDC had earlier broken out of a channel pattern..now it has formed a FLAG pattern in daily time frame...Could signal another move up. CMP - 74.5 target 1 - 90.75 Keep watching this space. Please do your own research and trade. This is just an idea.
The Red Zone is Buying Zone which is FIbo level of .5-.618 Fibo drawn between 7th Low nd 10th High. Rest Informations are Enlighten with the Chart
GMDC CMP - 55.35 Looking bullish in higher time frame. One can go for Swing Trade setup with the following entry, exit & targets Buy range 55 - 56 / Stop Loss 51 Target 1 - 58 Target 2 - 63 Target 3 - 68 Disclaimer: This is my view and for educational purpose only.
This chart looks interesting as per wave count. Wave 1 is over and I am expecting correction in the form of abc. Once it is done we may see stock moving high in wave 3
STOCK IS TRADING NEAR RESISTANCE ZONE OF 53. ABOVE THAT CLOSING , POTENTIAL TARGETS ARE 60/65/70/80+. STOPLOSS CAN BE KEPT AT NEAR SUPPORT ZONE BELOW 46 ZONES ON CLOSING BASIS. MINIMUM RISK REWARD IS 1:1
CMP 44.2 The last time I drew my lines, I had disregarded the low on 1st June of 34.2 due to which my stop loss was hit. The revised base line in the Ascending Triangle shows that the support was was actually not breached. However, Stop loss is our best friend at nervous points. Falling is alright but to be a winner one should accept the mistake and move on with...