GHCL trade ideas
GHCL LONG TERM IDEAGHCL long term chart. this like i said in the previous idea i published is getting stronger fundamentally. weekly timeframe shows breakout with good volume, retest with minimal volume and now its going up again with good volume. looking forward into the demerger of this company which will be a positive sentiment. targets are marked on the charts and this is published as technical breakout but also implicating fundamental strength.
GHCLNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
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Intraday Trade: watch for resistance breakoutbuy above 275 keep sl below 273
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.