TRENDLINE BROKEN / DESCENDING TRIANGLE BREAKOUT
Gujarat Mineral Development Corporation has been trading in descending triangle pattern since 2007.
After trading within the range for so many
years the stock has given a monthly Breakout for descending triangle indicating a positive momentum.
the stock can be bought for a positional target of 180 and further of 222 with SL of 123.
safe buy above 143.
****** PLEASE FOLLOW RISK MANAGEMENT ******
After trading within the range for so many
years the stock has given a monthly Breakout for descending triangle indicating a positive momentum.
the stock can be bought for a positional target of 180 and further of 222 with SL of 123.
safe buy above 143.
****** PLEASE FOLLOW RISK MANAGEMENT ******
Trade active:
made a high of 162 ..continue to hold the stock