khulvenaveen

GMDC: Falling trendline breakout on weekly time frame

Long
NSE:GMDCLTD   GUJARAT MINERAL DE
GMDC was in downtrend since last 1.5 years. Stock was forming lower low and lower high on weekly time frame. From 2-3 weeks stock is not breaking its previous low and trying for starting of an upward journey. Keep on radar for weekly closing above 162 to form an uptrend pattern.
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