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Ca_rakesh
Aug 22, 2020 10:31 AM

GMDC Long

GUJARAT MINERAL DENSE

Description

The Stock-GMDC was in a range since long time but now the stock has given the breakout of Cup and Handle Pattern with volumes, RS is also increasing towards positive zone, weekly closing is also above 50 WMA, so we can enter in the stock around 50 for a immediate target of 59 and then 64 in next 15-30 days. which can give 20-30% return.

Trade closed: target reached

Target Achieved

Trade active

Breakout after long consolidation.
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