GSFC trade ideas
GSFCGSFC CMP 103.5
Should close above 106 with good volumes. tough resistance at 106. If fails to cross will slip back to 100 levels.
Disclaimer : This chart is purely for educational purpose. Views and opinions are welcome
#GSFCBullish Wedge
TGC With Strength
Reversal confirmation
CCI(D) >100
Volume Surge
SL 125
Target 150 / 159 / 173
GSFC - 165 -113 Journey - Waves & Bottoms@113 - Did You Jump ?Frequent Bottoms in so many stocks gave the clue that market is heading where ? If you are a bear -need to manage your risk. As updated earlier that index could be in strong support zone & expect miraculous recovery.
Granuels - Last night, bottoms Image was posted for Granuels@101.25 - Published Video - Cracks 141 to 107 -Feel the magic going one step higher
Image -Bearish Butterfly @141-14th Feb 2018
GSFC Butterfly @125 - 23rd Feb 2018
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Previous Journey 165 to 113
Travelling from 165 to 113 was amazing which was followed in earlier post. Waves gave 2-3 chances at 113 levels -now seen as bottoms so what can we expect next.
Published Post - Journey from 165 to 113 as expected on 8th Nov 2017
Taking a break in 130-135 Zone
Selling the Right Shoulder in 154-155 for 149-146
Target done 112 -115 ------ Actual 113
GSFC: Choice is Yours.#1. Double BOTTOM Reversal
#2. Projected Bearish SHARK: Last LEG in Progress.
Rest mentioned on Chart.
Education Purpose only.
For trade decision consult with Financial advisor.
GSFC - Target done 165 to 113 & Bounce@125 - Picture talksJourney Started in late Oct 2017 - When I figured out the wedge pattern as per traditional analysis & Elliotticians call this as Ending Diagonal Pattern at 160-165 - Excited that it was all done at 113 lows exactly in the range 112-115 & Bounce to 125+
31st Oct2017 Snapshot / Photo- Last Price@157
2nd Nov2017 - Update to community (click to read) - "Cracks with wedge"
5th Dec2017 Snapshot / Photo- Small Bounce in between from 134-135 to 141
2nd Jan2018 Snapshot / Photo- Forming Head & Shoulder - Running upside for Right Shoulder in 153-154
5th Jan2018 Snapshot / Photo- Pushed upside from 146 to 153 - back to 150 - Again 150-155
5th Jan2018 Update to community (click to read) - Partial profit booked at 149 ( Expected 146)
GSFC : reducing the upward momentumClearly the rsi shows that the momentum is changing and it is struggling to make higher high. All eyes on whether it can break the lower trend line. It will be a short if it is breaking the trend line. Trade not active yet
GSFC Rounding Bottom BreakoutGSFC Rounding Bottom
Long if price sustains above 167 with 154 SL
T1 - 170
T2 - 174
T3 - 178
T4 - 185
T5 - 190
T6 - 195
T7 - 200
GSFC - Selling Right Shoulder Top@154 -155 Stops -156 Target-146Look for weakness in 154 -155 & we look for target 146 - 144 -142 with stops above 156. Risk of 1.5 points & Gain of 8-10 points downside. To be extra cautious -take care that it is not moving & holding above 155 mark. Below 155 - High probability of reaching 146-144 & 142.
Right Shoulder in formation.
This call is only for risk takers who can afford to lose 1.5 points.
GSFC very short term Idea : Trend Lines and Pivot line analysis Check drawn lines for details...
SL TGT FRAME MENTIONED IN GRAPH...
SHORT BELOW 148The stock should touch its first target of 138 and second tgt of 133 if opens below 148 this week.
GSFC bounce from upwards trend line SupportGSFC trading in the upward channel, bounce from the trendline support buy for the target 170+ keep stop loss below 130.
GSFC - Reversal from its trendlineNSE:GSFC has reversed from its trend line
Go long above 146.80
T1 155.90
T2 166.90
SL 134.80
GSFC : ROUNDING BOTTOM + RISING CHANNEL PATTERN {BULLISH}DEAR ALL , EVERYTHING IS MENTIONED ON CHARTS ... BE HAPPY ... GOOD LUCK IN SHARE MARKETS !!!
GSFC - Selling from Top@160 -Cracks in Wave A/1 - 163 to 134Closing Price@134.65 - 15th Nov2017
GSFC - Gujarat State Fertilizers and Chemicals
Excited as GSFC cracks right on the top@160 as suggested in the last update. Looks like we are close to the end of an impulsive move downside from the highs of 165. Any push later above 139-140 shall be the clue that the downfall is in place & done.
Previous Update - Cracks with wedge at 165 - Will it fall deep to 110-115
What we expect next?
Moving above 139-140 -likely it will retest the gap zone 146-150 where it should face the next resistance zone.
GSFC -Cracks with Wedge at 165-Now@150-Will it fall deep@110-115Last Price@150-151 -8th Nov2017
GSFC was one of the stock which was highlighted at 65-70 zone last year. Excited to share at 165.
GSFC on 2nd Nov2017 - Could be turning down soon. Look for a bounce & if it travels close to the highs then plan to trade in bear camp keeping an eye on the risk which you have to take.
