GICRE trade ideas
DownWard TrendLine Breakout at GICREDownWard TrendLine #Breakout at #GICRE (General Insurance Corporation of India) Weekly Chart. Its #Outperformed #Nifty.
BSE: 540755
NSE : GICRE
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
#GICRE long#GICRE long
Target-275/382
SL -120
CMP:159.90 @14 Dec 2022
Timeframe- 12-24 months
Disclaimer: This is not an investment recommendation, advice, research report, or stock tip of any nature.I am doing this only to understand how to read chart and technicals. Strictly for educational purposes only.
Good swing pickThe stock has broken 5 year old trendline today and looks good above 165.5 level (day closing basis) for positional target of 205.
This is purely a positional call.
Learn & Earn,
Dr. Tanya Kumar
GICRE BREAKOUT BIGThis stock has consolidated big
All psu have fired
This has big space once it cross 155
GICREINVESTMENT PICK
Buy @ 130_95 | MCBSL 80 | Tgt 168 / 220 / 265++
#NOTE: Lots of patience required
Trade what you seeAlthough a pampered institute it will have to deliver.
Quarterly results r the reason to check this stock.
My view bottomed out .
will test 165.00 pause and finally test n break 200.00
Should be able to do All time new highs in the coming weeks
A multi Bagger in the making, Whooping 85%+ promoters holding , Huge cash flow.
Concern : -
{ results have to be inline ,A comfortable bet around 140.00 with very less downwards risk.
Rest is up to the management if they truly want to shine. }
Expecting a 52wks high soon
GICREGICRE:- soon breakout keep on radar
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
General Insurance Corporation of IndiaGeneral Insurance Corporation of India
Market Cap - ₹ 22,589 Cr.
Reserves - ₹ 31,996 Cr.
Debt ₹ 0.00 Cr
Promoters + 85.78
GICRE - Short Period Long (1M to 2M)My analysis has been mentioned in the text box in the chart itself.
LONGLONG if the next CLOSE is above 140.
Observing support zone and accumulation between 110 and 125.
GICRE WEEKLY - BUY ON DIPDetails on Chart
Targets: 150 , 170 , 200 +(long term)
Note: This is for educational purpose only
GICRE WEEKLYwait for the weekly zone for good reverals
not good price action in daily and hourly time frame
Budget 2022: Wedge Breakout 📈💰DON'T HAVE TIME TO MANAGE YOUR TRADES? | Falling Wedge Breakout in GICRE
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Buy Today, Sell Tomorrow: GICRE for more than 5%
RETESTED AND FORMING 2ND OPPORTUNITYCMP 142.65
sl 138
targets 149,158+
looks good after successful bo and retested forms a new short term oppourtunity
RangeGeneral Insurance Corporation of India is a reinsurance company.Its domestic business provides reinsurance to direct general insurance companies in Indian and international reinsurance business provides the same to several international companies.
This stock is in good accumulation zone Double bottom pattern formed.Cmp is 140.8. best discounted price to buy 131.10
Target 1:154.6
Target 2:160.6
Target 3:177.95
Simple Positional Buy Trade Setup | General Insurance [mid term]NSE:GICRE
I am posting this on request from one of the follower from Twitter.
It gave breakout of 140 level with gap up opening on 11-11-2021. And on 12-11-2021 it sustain above it.
Major breakout level is 150 level. Also on Daily time frame we can see rounding bottom pattern with neckline near to 150 level range.
Trade Setup:
There will be two scenario:
1) It will come down again to test 140 for the support and fill the gap. Once it get support then one can enter the positional buy trade.
Keep SL of 135 for this trade with 1st target of 150 and then on breakout of 150 level above targets will be open.
2) It will immediately give breakout of 150 level and if it sustain above 150 level then one can take positional buy trade with SL of 139.50 and all above level as target.
---------------------------
Now if you are impatient then you can take positional buy trade from CMP with SL of 139.50 with all above target for short-mid term only.
Please note: This is my personal view. Please consult your financial advisor before any type of investment.
GICRE levels...15/11/2021(W Candle)GICRE complete the bearish hormonic pattern , so will see good momentum in coming days
#GICRE Cash : Looks good above 150.10#GICRE CASH -Positional call
11 NOV 2021
Buy above 150.10
stoploss 140
Target 162-165/180
Cmp 148
BUY GICREAccording to chart analysis this stocks trade in its support zone @132 level. Now in coming days our point of views this stocks have to going up side because very much correction has made up now time to bullish this stock because very good potential to go up side.
BUY @132 or above with increasing volume for target 150-165+++
GICREFew reasons to focus on this stock:
It has recently touched and took support at the 0.618 Retracement level of entire 0-3 Wave.
It is at monthly trendline support.This is a very strong support
It is backed by Dis-investment theory.
Any strong reversal can make this stock fly
Previously I have done mistake by taking buy decision at an intermediate support. I have learned an corrected this time.
Hope it gives a proper and promising reversal from the mentioned zone.
CHART & ANALYSIS
ADARSH DEY
