Vipuljain5

3 Year breakout

Long
NSE:GSFC   GUJARAT STATE FER
Another multi-year breakout is on the charts we can witness. On 01/03/18 it touches the levels of 121 on monthly basis high and now it moving with high volumes to break that bar. Beautiful Elliott wave pattern can also be witness over there. Its in blue sky zone to hit new highs. Also if u can look at the RSI is making a Rounding bottom pattern. Everything is in favor of this chart. No fundamental analysis made frankly just analyzing the chart purely. Any suggestions and views are appreciated.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.