GMDCLTD trade ideas
Gmdc ltd Short #ElliotHarishRaoThis stock up move complete 5 wave structure and start a decline wave structure a,b,c
and retracment 38%
SWING TRADE : GMDCLTDBuy above : 84
Target : 100 / 120 / 140
Stoploss: Either you can consider the breakdown of trendline shown in chart as support or recent support line 64
Disclaimer : This is educational purpose only. It is my personal view, please trade at your own risk.
Gujarat Min BullishGujarat Min Looking Bullish for short term
Concentrate if price sustain above 133 in 4hrs
Chart Analysis of GMDC Ltd (28 Jan 2022)CMP : 119.95
Accumulation zone : 98 to 119
Target : 180
Time Frame : 3 to 6 months
SL : 95 WCB
Only for educational purpose. Not a recommendation.
GMDCLTD #TAView #OnlyEducationalGood price breakout and volume growth seen, wait for little accumulation.
GMDC - Re-entry Investment Idea - Target 100 (6-12 months) Scrip: GMDC - Long Idea - Target 100.
Setup: Investment Idea and Re-entry. Tracking the Channel.
Earlier had entered at 70 & exited at 81.5 = Booked 11.5 points (over 15% move in 20 days).
Now, Re-entering at 75 for higher Targets of 100.
Stoploss: This is an investment idea. Please decide, manage and adhere to stoplosses as per your risk profile.
I will be adding more to my position in case market crashes and get to accumulate GMDC around 25-40 range.
Please note, I am not a SEBI Registered Analyst or a Financial Advisor. Please trade based on your knowledge and risk profile.
GMDCThe Stock-GMDC was in a range since long time but now the stock has given the breakout of Cup and Handle Pattern with volumes, RS is also increasing towards positive zone, weekly closing is also above 50 WMA, so we can enter in the stock around 50 for a immediate target of 59 and then 64 in next 15-30 days. which can give 20-30% return.
Strong BreakoutStock is giving breakout on larger timeframe charts. Keep in watch. Can be a good positional trading idea.
GMDCLTD LONG#GMDCLTD as shown stock is in formation of rounding bottom, also making higher high higher low supported with volume. Today only it gave breakout above its previous high.
Chart Analysis of GMDC Ltd (11 Jan 2022)Ascending Breakout Done today with Huge volumes.
Accumulate between 85 to 82
Target : 98
SL : 80
Only for educational purpose. Not a recommendation.
Watchout for Resistance breakoutThe stock looks good above 83.35 level for 5-7% further upmove positionally.
Learn & Earn,
Dr. Tanya Kumar
GMDC - Looks like will give a flat top breakoutA good move with volumes before earnings showing
some bullish bias!
A Flat top breakout possible
Look like it can break 2 year old resistance
Stay ready above 84
RSI Strong
Volumes high
Disclaimer for learning purposes only
GMDC - 5mth Inv H&S Base within 2yr C&H Pattern
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note:
The breakout levels are derived from the weekly line chart which is respected much more by smart money.
DISCLAIMER:
I reserve the right to be wrong.
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
#GMDCOn crossing 85.60 - 87.10
Moves to 104
On crossing 104-105 moves to 132
In momentum and moved to Q1 RRG
trendline supportcmp 64
sl 60 target 71,76+
taking support from the trendline aslo demand zone raction
GMDC - Long Idea - Investment Idea - Target 105 Scrip Name: GMDC (Gujarat Mineral Development Corporation)
Setup: Decent Valuation, Prices showing upcycle
Entry - 64-70
Stoploss range - 44-50 (This is an investment Idea. In case of market correction, additional positions can be added)
Target 1 - 80
Target 2 - 90
Target 3 - 105
Time Period - 3-6 Months
Gujarat Mineral Development Corporation AnalysisGMDC was consolidating and had a resistance near 73. But, it gave a breakout of that consolidation with a big candle. Now if it gives a day-wise closing above 76.5. It's already moving in a channel and now it had made the channel's middle band as support. If this continues, then we can expect a big move. I personally hold GMDC.
For education purposes only.
Not a SEBI registered broker.
Please ask your financial advisor before investing.
Break out stockStock formed ahead and shoulder break out in daily chart stock looks good in future possible target 85 in coming days
