DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned...
Stock Name - Gufic Bio-Science. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo
is super bullish and chikou span is slanting upwards. All these parameters are showing bullishness.
More strength will be visible once it will sustain above 290. Worth to keep in watch list for coming days.
#This is not Buy and Sell...
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or daily RSI closing below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c....
GUFIC is doing box jumps.. the width of the box is around Rs. 60/- therefore that becomes the target from the break out level of 233..one can go long with target of 290 keeping stop loss of 232
::: There is an Up flag pattern is formed, Resistance is Broken, Support on Fibonacci
-- There is a nice walk-on stick on the Fibonacci. I Think once the Fib Support is broken, there is a chance of a 30% return in a span of 50 working days
-- If any corrections or suggestions do let your comment or any ideas. I am a student. PEACE ☮️
"GUFICBIO CMP: 218
Buy above : 222.2
Stop loss: 176
Return of 14.76% expected
Pattern: Range breakout
All levels are mentioned on the chart. Keep an eye."
Fresh Buy@CMP
TARGET - 280 & 300
Disclaimer
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for...
GUFIC BIOSCIENCES posted 26.12.2021 stock above 224 for a target 230 level and today the stock made a high of 248 and closed at 243 level. Happy Trading to all.
