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.
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
abhishek crude is falling so nifty will fall continously ..... i want to ask
WaveTalks
⋅
@niteshkumar, 10620-10650 is strong resistance & we are already close to 10590's so holding below 10620-10650 & sentiment wise below 10600 is bearish for 10400 downside & below 10385 -more
k314
⋅
Amazing analysis sir. Its motivating me to learn Eliott waves
@jessi7, I think you are late in the trade as 137-138 is the support rising trendline. So, You can wait for a bounce to enter later on sell side.
jessi7
⋅
@AbhishekHSinghCMT, okay thank you sir
WaveTalks
⋅
@AbhishekHSinghCMT, By the way why did you enter half way when call is almost done -You could have sold at opening session when it was 145-146. Never jump in a running train/bus which is valid for trading markets as well else you will broke your account.