gichsg bullish setup box breakout upside tgts till 149-165
Stock Name - Gic Housing Finance 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 147. #This is not Buy and Sell recommendation to any one. This is for...
Parallel Channel Breakout and retesting also completed.
Multiple Confluences as per chart: 1 About the break the supply zone of 5 years as shown in chart that started oct 2018 2 Very Good Accumulation happened in the levels between 50 to 130 3 About to break the trendline of 4 years that started oct 2019 as shown in chart 4 Forming a perfect Cup and Handle bullish pattern start accumulating and more conviction is...
NSE:GICHSGFIN Cmp : 162 Closing Above 173 will give a 15% Move. #Study
Reason for long a) High volume with breakout b) Duration : one day to 3 days c)Daily channel breakout d) Above 163 long with 5% SL
GIC Housing Fin - looking really good. Has reversed from the trendline and showing good strength. Can be invested above 163 for targets of 255-265 in near term. Future Targets are huge once 265 range is broken. The script has been operating in range since 2004. Disclaimer: Not a Recommendation. Pls invest at your own risk.
SL compulsory entry above previous day high duration: 1 week profit potential 5 to 10%
Buy at the breakout from the triangle for the targets marked as green.
Right now It is in Stage 2 Structure and attempts are made to give a break best entry would be above 200 for a target of 284 , 377, 500 and 620.
GICHSGFIN: Looking Good Bullish Breakout Sustaining Closing/Above 197.25 Symmetrical Triangle Pattern Breakout Sustaining/Closing Above 185 Buy Below/CMP 194.15
Buy GIC Housing finance at 196.10 target 216 Disclaimer: This is just for educational purpose. Please consult your financial advisor before investing.
Levels mentioned on chart. Check for entry target and sl.
Watch GICHSGFIN above 200 (also a psychological level) can move well :) Also supported by volume .
Buying at support level for swing trade. Manage your risk. Huge momentum can be seen only when it breaks resistance around 191-192 levels. Trade at your own risk
WAITING FOR THE MOVE TO GET COMPLETED. STILL HOLDING THE POSITION
CUP & HANDLE FORMATION ON WEEKLY CHART. TARGET 240+