Retracing from recent high RSI - Negative Divergence Candle stick - Negative after bearsih engulf yest MA- Will possible take support on 10 DMA after some retrace for 1/2 days Entry - Below 151 Targets - 147 / 145
All levels and analysis of stock posted on chart Please do your own analysis..!!
Trade Idea Updated with a Bigger target. All levels and analysis of stock posted on the chart Please do your own analysis..!!
Everything explained on the chart..
Crucial support at 79, till then stock can be accumulate from CMP @ 88
GUFIC Bio Long positional Entry @ 58.30 Stop Loss @ 54 Target 1 64 Target 2 68
Heads we double our money, tails we lose 5%
The Doji pattern is formed - Good for short this share as 52 week high is broken with Doji - RSI also indicate to trade short
Go Long in GUFIC BIO for first target of 60-61 with SLCB of 42
