GMDC was consolidating and had a resistance near 73. But, it gave a breakout of that consolidation with a big candle. Now if it gives a day-wise closing above 76.5. It's already moving in a channel and now it had made the channel's middle band as support. If this continues, then we can expect a big move. I personally hold GMDC.
For education purposes only.
Not a SEBI registered broker.
Please ask your financial advisor before investing.
For education purposes only.
Not a SEBI registered broker.
Please ask your financial advisor before investing.
At the same time, I'll suggest you book the profit in your 10% of the quantity.
GMDC has good fundamentals for the long term as well. This company has zero debt.