GMM stock daily squeeze indicator is turning green. Expecting a good move from here onwards.
Major trend line broke downside. Along with below 200 EMA on daily basis. Can plan downside with proper risk management.
GMM Faulder is consolidating in the drawn triangle, if double bottom breeches the entry point then it will go down otherwise it will rise to the double top and can give breakout, please do your own research before investing.
The stock has Cypher Pattern Probability on Daily Chart, if it unfolds stock might test 5000- 5100 levels in the coming sessions. Buy on Dips for me.
BSE:GMM GMMP is developing a BULLISH pattern with a support of trendline and 50 dma and has given a fresh BREAKOUT of a trendline resistance. TARGET- 5400 STRICT SL- 4020
Will go long in this when it will come to below mentioned levels Buy above 4555 Targets 4600/4700/4800 Stoploss 4500 High probable trade.
analysis and levels mentioned on charts can be a good buy
Trade setup: Daily: breakout from rectangle (sideway movement) and retest done. Could slowly accumulate 50% here and rest 50% buy the share with every 2% decline. Weekly: volumes dropping as share price falls (positive sign). GMM has never broken 50EMA. High probability that, it could rebounce now as well. Entry price = 4525 INR Stop Loss = 3915 INR or 3380...
looks strong cam accmulate on the break out weekly time frame....!
GMM PFAUDLER given in premium membership. it is moving in a parallel zone giving a upside moment breaking with a supply zone gave a downside breakdown of the channel.
After a very long time gave a break out. Above todays high i ll go look for taking long position and will book partially at mentioned levels.
GMM Pfaulder crossed its resistance 4800. Can be added with stop loss as trend line. As monopoly in business. It can be a good long term bet
gmm has its resistance at 4750 if sustain abv the same level for around 15 min than buy. we may see 6000 levels in coming days. view negated below 4250
This chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
We have seen a correction of from 6900 levels to 3500 and now the stock today given a breakout of its strong trend line level. Buy Above 3550 with SL 3330 for a target of 3800
After continuous lower circuit, GMMPFAUDLER has opened again at the OFS price of 3500. As per simple price action analysis, we can see that there is gaps yet to be filled. As per price delivery analysis, price has not been very efficient in delivering price between 2800-3000. Hence, my conclusion is price will drop down to these levels before taking off...