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AdarshDey
Sep 26, 2021 1:23 PM

GICRE Long

GENERAL INSURANCENSE

Description

Few reasons to focus on this stock:
It has recently touched and took support at the 0.618 Retracement level of entire 0-3 Wave.
It is at monthly trendline support.This is a very strong support
It is backed by Dis-investment theory.
Any strong reversal can make this stock fly

Previously I have done mistake by taking buy decision at an intermediate support. I have learned an corrected this time.
Hope it gives a proper and promising reversal from the mentioned zone.

CHART & ANALYSIS
ADARSH DEY

Comment

As expected , showing early signs of reversal. Soon it may Fly
Comments
newbieintrading
hope it will hold 120 level..
newbieintrading
mat what level would be a better entry for short term gains of 20-30rs?
AdarshDey
@newbieintrading, Above 157 for 183. Any entry before 157 would be time demanding venture.
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