Gillanders Arbuthnot has given a breakout at 142 level (Monthly and Weekly). It is possible that the stock could head towards the 184 level. CMP: 153. The level of 142 can act as support. Also, good volumes are seen on the monthly chart.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial...
Taking this trade during following reasons as per marked entry and exit:
1. Candle patten – Bullish engulfing
2. Chart Pattern – Parallel Channel for last 1 year and a breakout with great volumes
3. Volume – Price with big volume and breakout with close above.
4. RSI – above 80. Trending.
5. Moving average – above 200 SMA
6. Entry at Blue line, Stop loss as Red...
Gillanders long Setup
Price currently near resistance levels which it is testing the 2nd time. If breaks those levels and sustains can go up. If it breaks that resistance we can see good up move till levels of 87-102-114 where it can resist a bit with base levels of 57-51.
Nifty and overall market conditions should favour for the pattern to work.
No...
GILLANDERS -- Clear breakout with 6Months highest volume.
The possible next target is 90-92. Add to watchlist.
2022-11-04 volume is highest in 6-M - High, Trend changed to +ve today. Also close crossed 4 Week High, Weekly, and Monthly Pivots. Stock is in Squeeze for the past 3 days. Close is above 20 SMA on D/W/M time frames. The monthly and Weekly trend is...
This is a definite buy for share GILLANDERS on 7/06/2021 NSE:GILLANDERS
Below indicators are strionly advicing to buy
1) RSI>60
2) MACD line above Signal line
3) Morning star pattern formed with bullish engulfing pattern too.
4) its on uptrend and resistance not yet reached so definitely will go atleast till resistance level.
5) volume is very high and indicates...
