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Saagar_patil
May 17, 2020 5:07 PM

GMM PFAUDLER buyers should wait for some correction 

Description

After the pandemic of COVID-19, this stock has recovered amazingly and it is in a clear uptrend.


In the daily chart frame, we can see this is in the consolidation phase and there should be some correction remained in the stock. Personally I feel like the stock is quite overvalued in the current situation. If it takes support on 3408 levels and bounces back I suggest you see the chances for buying opportunities at that level.



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abhaybha
Yes
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