Guficbio looks good for a swing.
Good for a swing trade. Levels are mentioned in the chart.
This is not a buy/Sell recommendation. Please do your due diligence before attempting a trade.
GUFICBIO trade ideas
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
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
Trendline Breakout in GUFICBIO
BUY TODAY SELL TOMORROW for 5%
Gufic Bio a promising resilient candidate?✅Technically Good.
✅Trading Above 50 DMA
✅Did not fall much in this market correction
✅Stock is in an uptrend Higher High- Higher Low
structure Intact.
✅Forming A VCP, Cup & Handle in DTF.
❗️Overall Market is weak
❗️Nifty Pharma is a little bit stretched and trading
below 50 DMA
➡️Market Cap---₹ 4,410 Cr.
➡️Current Price---₹ 440
➡️Stock P/E---51.0
➡️ROCE---17.2 %
➡️ROE---20.0 %
Watch the levels and watch for a breakout. This is just a view and not a buy-sell recommendation.
Datae Source: Screener.
VIEW ON GUFICBIOGood chart structure
After crossing yesterday's high stock will enter blue sky zone
Target 448/460/480
Stop loss 435
I am just representing my views
For educational purpose only.
Gufic Biosciences- VCP patternIt making a most reliable VCP pattern, Support 380, with high volumes, can move up fast from here like Prism Johnson.
Gufic BiosciencesTraditional Cup and Handle Pattern.
A dual base cup with a dual base handle.
Stock seems ready to fire.
Targets could be much higher if momentum creeps in early.
Gufic Biosciences Limited - Breakout Setup, Move is ON...#GUFICBIO trading above Resistance of 369
Next Resistance is at 496
Support is at 242
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Gufic Biosciences Limited...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
GuficBio : Symmetric triangle breakout viewGuficBio :
Symmetric Triangle breakout done
Long above 400 with immediate support at 385
GUFICBIO is Set to rally! Time to go Long!Hey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Symmetrical Triangle Pattern in Daily TF.
* From June 2024 to Aug 2024 its in range.
* After June 2024 Breakout goes to sideways in July Starting & Now it's breaking the sideways level again in Aug 2024.
* It's Break resistance Zone and trying to sustain above Resistance Zone with good volume, Good Closing is required for good move.
* Already tested resistance many times.
* Volume Accumulation (Volume is Building).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Short Term Trading Opportunity in Gufic bio for 10% UpsideHi,
NSE:GUFICBIO has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Disclaimer: Please consult your financial advisor before making any investment decision.
[Swing Trade] GUFICBIOGUFICBIO is nicely building up the volume and also, it broke the resistance. Let's see how it behaves this week. I would trade it with some retracement.
I dont recommend others to trade on my views. DYOR
GUFICBIO - Ready for next swingGUFICBIO is ready for it's next swing, it has an upside potential of 16-18%
The company has really nice fundamentals and has been technically a compounding stock.
I see a good entry point at the current price. We can look at a 1:2 risk reward.
GUFICBIO | SYMMETRICAL TRIANGLE BREAKOUT & SUSTENANCE!POINTS TO NOTE:
______________________________________________________
1. Symmetrical Triangle(ST) consolidation on a healthy uptrend
2. Breakout & sustenance outside the triangle
3. Another HH, HL breakout of a minor trendline outside the ST
4. Targets measured as Height of the pattern
Disclaimer: This is NOT a trade recommendation but my analysis. Please do your own before entering positions
GUFICBIO bullish; above 351 ? - Thursday 11 Jan.The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buy in hope of another 2% upmove intraday.
"High Risk Traders" patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
Round Bottom Resistance Breakout - GUFICBIOPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
GUFICBIOGufic bio pharma base company.
nifty pharma gave breakout
gufic buy with sl 255
tgt 360
cmp 298
daily poll and flag pattern.
Resistance breakout - GUFICBIOPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
GUFICBIO - Ichimoku BreakoutStock Name - Gufic Biosciences 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 308
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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Break of multiple trendline1.In 4hr timeframe it has retested the trendline and went up
2.Formation of two cup pattern
Volume is good
Break out in GUFIC BIO ?As we can see from chart GUFIC BIO has formed a big green ingulfing candle on last trading day and touched the resistance level. we have to be little smart here, on Monday if it breaks 233 level and sustaining above that then only we can enter. But if it comes back on 210 level which is a good support level, again we can take some position. We can expect at least 10% as NIFTY PHARMA has also given breakout. Not a recommendation, only for education purpose.
GuficbioMonthly accumulation going on with increase in volume and @ retracement. Took trade with Target and stoploss mentioned.
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
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
Trendline Breakout in GUFICBIO
BUY TODAY SELL TOMORROW for 5%
