Anany_shringi

Needs closing above the box Else !

GHCL (NSE:GHCL)  
Anany_shringi Updated   
NSE:GHCL   GHCL

Hello @pacifiedLizard58732

As you have requested
For Short term view
as of now Its looking like the double top along with divergence in RSI so untill it gives closing above the box it most probably going to correct to the lower range to confirm this you need one Red closing and and below that level you can short it (as per me).
those who have invested in this 2 years back already they are sitting with more than 10X returns so any kind profit booking is justified so if invested at that than please do book 50% of your holding and leave the rest and enjoy.(me interested to see this)

But still stock is in uptrend (as of now on bigger tf) slight signs of exhaustion is seen in the script ,

for long term you may see Targets 1060 and 1673 for those who accumulated this script in the range of 200-300 still this range in buying zone if any sort of correction is there.

hope I manage to clear your perspectives.

please refer to the chart.

Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.

Comment:
as expected more than 15% drop done till now.
Comment:
hopefully people had taken benefits.
Comment:
@pacifiedLizard58732 what about you ?
is idea helping you.

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