When we talk about market trends, we use the term "momentum" to refer to the speed at which prices are changing. If a market is experiencing a bullish event, that means that prices are rising and we can see that there is an upward momentum in GMM Pfaudler Ltd.
Momentum is important because it helps us gauge the strength of price trends.
The chart is for...
Chart -> GMM PFAUDLER Weekly
As we can see in the chart, areas A and B are two ranges of support and resistance.
Now it broke out area B.
CMP: 1826
Good to add: 1700 to 1800
Targets: 2100, 2300
SL: 1570, weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your...
GMM PFAUDLER CMP 4571
gmm pfaudler currently base on base structure formation after last leg of correct.
Entry Could be above 4687 ( 25% of desired qty to buy first part)
whole set up will negated below 4300 close for ultra safe positional player
whole set up will negated below 4100 close for risky take poisitonal player
stock having good eps growth ...
GMMPFAUDLER -- LONG Buildup
---------------------------------------
-- Price is very near the Triangle Apex and breakout/ breakdown levels (and a potential inverted H/S pattern).
-- Buy zones mentioned in white boxes.
-- Resistance zones in Red boxes.
-- Add only if price sustains above FIB 61.8 in 4HR+ timeframe.
-- Bearish below Green...
BSE:GMM has been following a Symmetrical Triangle pattern for multi months as of now. Breakout on either side of the triangle. Eyeing on upside BO to enter.
GMM PFAUDLER consolidating from last 1 month and now it can break the range and after 4800 we can see a good upside move of atleast 15% in this stock so watch the levels carefully and keep your eye on it
for detailed analysis watch this
GMMPFAUDLR
Has given good money once, can do same again.
Will wait for confirmation on Daily charts.
On weekly charts selling volumes have been falling.
RSI Above 50
MACD in positive area.
Don't hurry to trade, wait for proper confirmation.
***DO YOUR OWN ANALYSIS BEFORE TRADE, PROFIT AND LOSS IS YOURS***
GMM Pfaulder Ltd saw a remarkable from 4000 levels to 5435 levels.
Though it went into deep correction after marking high of 5435.
Currently it is approaching it's imp support around 4474-4434.
Since it's weekly and monthly chart are bullish,chances are that it might took support at the level mentioned above, hence I am keeping an eye on its price action this...
