GMDCLTD: Breaking out strongly
GMDCLTD: Gujarat Mineral Development Corporation Ltd
PC-A = PC-B = PC-C
Exactly Same
#WondersOfPC
Technicals:
• Last candle's close above PC-C with strong green candle
• Taller green towers in volume indicating strong built up for breakout
• RSI entered in 60 Zone
• Relative strength about to be in green zone
Levels for positional trade:
Entry levels: Opening above 160, will trigger entry at CMP
In my view, todays opening above 160 will give the confirmation for breakout
Target: 1st, 177, then 195
SL: 149, Closure below 149 will invalidate this upside view
PC-A = PC-B = PC-C
Exactly Same
#WondersOfPC
Technicals:
• Last candle's close above PC-C with strong green candle
• Taller green towers in volume indicating strong built up for breakout
• RSI entered in 60 Zone
• Relative strength about to be in green zone
Levels for positional trade:
Entry levels: Opening above 160, will trigger entry at CMP
In my view, todays opening above 160 will give the confirmation for breakout
Target: 1st, 177, then 195
SL: 149, Closure below 149 will invalidate this upside view
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