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.
Last Price@145 - 3.5% down
Rising Trendline could support next in 137-138 zone.
Close to Rising Trendline Support in 137-138
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
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.
No respect for the trendline at 137-138- slips further downside
All donnnnnnnnnnnnnnnne at 113 --- in 112- 115 zone & what a bounce to 125+
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ