Gillete in July had a very huge volume but was not able to sustain at higher leve of fibonnacci and its correcting.
Looking at chart its in a trend and if it breaks last weeks low and closes below it then it may fall below 4800 where it has a strong support zone. Wait for the trend line breakout on either side. This is not intraday stock hence will not rise daily.
On Monthly the MACD has a positive crossover
Looking at chart its in a trend and if it breaks last weeks low and closes below it then it may fall below 4800 where it has a strong support zone. Wait for the trend line breakout on either side. This is not intraday stock hence will not rise daily.
On Monthly the MACD has a positive crossover
Trade active:
The stock did not breaks its previous monthly candle low. And today we can see volume coming in.
Buy for first target of 5300
If breaks 5316 and sustains then next target 5600 & T3 - 5900
Strong support in range of 5700-5800 zone.
Buy for first target of 5300
If breaks 5316 and sustains then next target 5600 & T3 - 5900
Strong support in range of 5700-5800 zone.
Trade active:
Please move the stop loss to 5000 which is psychological level
Trade active:
Gillette broke out of its resistance and now we can see the upmove till 5700 in near term
Trade closed: target reached:
Short term target of 5487 reached.
Trade closed: target reached:
2ND AND 3RD TARGET ALSO COMPLETED.