Gujarat Mineral Development Corp Ltd
Date : 05.02.2025
GMDC
Timeframe : Day Chart
Remarks :
1 Reversal from positive divergence below neckline of Descending triangle
2 Keep neckline as strict stop loss at 316, cmp 317
3 First target would be recent triple top at 336 around
4 If breaks out out from recent triple top range then 370 is not far
5 If goes below neckline and rsi 50 daily then dont average or bottom fishing
Regards,
Ankur
GMDC
Timeframe : Day Chart
Remarks :
1 Reversal from positive divergence below neckline of Descending triangle
2 Keep neckline as strict stop loss at 316, cmp 317
3 First target would be recent triple top at 336 around
4 If breaks out out from recent triple top range then 370 is not far
5 If goes below neckline and rsi 50 daily then dont average or bottom fishing
Regards,
Ankur
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