AbhishekHSinghCMT

GSFC- Knocked 118.80 - What Next?

NSE:GSFC   GUJARAT STATE FER
6
Any move above 122 & sustains then I shall look for respective wave-iii in purple or if it falls & sustains below 116-117 zone -it could indicate that rally was the b - wave in wave-ii (purple)- which is alternate waves.

In that case we could travel close to 80-85 zones

Trading Strategy
Wait for market direction

Previous Analysis- Rocket Move from 107-108

GSFC 2016 Diary
Trade active: 14:28 Hrs 20th Jan2017

Is ((b)) wave done at 121.50 highs just below 122 as suggested above.


Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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