WaveTalks

GSFC -Cracks with Wedge at 165-Now@150-Will it fall deep@110-115

Short
WaveTalks Updated   
NSE:GSFC   GUJARAT STATE FER
Last Price@150-151 -8th Nov2017

GSFC was one of the stock which was highlighted at 65-70 zone last year. Excited to share at 165.

GSFC on 2nd Nov2017 - Could be turning down soon. Look for a bounce & if it travels close to the highs then plan to trade in bear camp keeping an eye on the risk which you have to take.


Trade active:
09:37 Hrs 9th Nov2017

Last Price@145 - 3.5% down

Trade active:
11:45 Hrs 9th Nov2017

Last Price@141.50

Rising Trendline could support next in 137-138 zone.

Trade active:
14:41 Hrs 9th Nov2017

Last Price@140

Day Low@139.50

Close to Rising Trendline Support in 137-138

Trade active:
15:05 Hrs 9th Nov2017

Last Price@140.70

139.50 is the current support - next we will wait for the bounce in the gap zone 145-150 & check if it gets resistance then we plan to sell later for targets below 139.50

Trade active:
17:54 Hrs 14th Nov2017

Last price@139.75

Gets support from rising trendline at 137-137.20 - next -if it starts moving above 141.50 - We should see some bounce- GSFC is searching for support.

Trade active:
15:15 Hrs 15th Nov2017

Last Price@134.80

No respect for the trendline at 137-138- slips further downside

Trade closed: target reached:
18:45 Hrs 7th Feb2018

Last Price@125.55

All donnnnnnnnnnnnnnnne at 113 --- in 112- 115 zone & what a bounce to 125+

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

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