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...
05-08-2020 GMM Pfaudler Ltd. BREAKOUT OF DAILY TRENDLINE @4100 (ON 04-08-2020) TF DAILY, 60 MINUTES
Seen this stock getting oversold multiple times at 1min candles. One can place GTT order at lower levels. Quick BITES!
GMM Pfaudler has already ran up quite fast, but if it holds 3400 levels can reach a target of 4950 .
VCP in progress. Long suggested above 955. Stop at 815. Target Open
GMM PFAUDLR CMP 878 TARGET 1100 PLUS STOP 775 Stock has cleared past major upward sloping resistance levels with huge volumes. This stock can be a wealth generator if held for a long time.