Head and Shoulder Breakout seen on Daily time Frame with Huge Volume.
Breakout successfully re-tested , hence strength showing in Price.
There is no recommendation for Buy/Sell.
This is only for Educational purpose.
NSE:GABRIEL
Target 1 achieved in GABRIEL
GABRIEL is now trading above Resistance1 and showing further strength. Based on this strength, target revised.
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly...
Stock Name - Gabriel India Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 143
#This is not Buy and Sell recommendation to any one. This is for education...
Good earning opportunity in Swing Trade.
CMP: 120.60 (Good @ 121 - 122.50)
SL: 111
Target: 132 | 151 | 182
( Targets calculated on the basis of Fib. and previous swings )
Disclaimer:
I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my...
GABRIEL INDIA
--> Daily chart Zig Zag patterns formation
it look like GABRIEL INDIA CHART Zig Zag correction
WAVE FORMATION
WAVE A ]show yellow colour circle --> in inner wave 5 wave sturture .i am count 1,2,3,4,5 in black colour
WAVE B show yellow colour circle --> in inner wave 3 wave sturture .i am count a,b,c in red colour
WAVE C show...
GABRIEL INDIA as per daily chart analysis stock has broken the consolidation zone and today it had tried to break the resistance 149. Stock above 150 for a target 155. Resistance at 158 level.
