Watchout for Resistance breakoutThe stock looks good positionaly above 131.5 for targets 148 and 157
GABRIEL trade ideas
GABRIEL INDIA,HAVE YOU OBSERVED IT ?Education purpose- Some serious accumulation in the stocks in the past few weeks, can consider for mid term to long term
Beware market is at higher level, wait to take right entry.
Swing trade : watch for resistance breakout kind of INV H&Sbuy above 115.50 target 119, 127, 135
stoploss yours based on intraday chart
or else 107 DCB.
Buy Gabriel Positional Basis GO long on Gabriel India target open if stays above 110 on closing basis.
For learning purpose also visit my blog yourtadingpal.com
GABRIEL - SHORT TEARM LONG - FOR EDUCATIONAL PURPOSE Levels mentioned in chat - Only for Educational Purpose.
Strong Bullish BiasConsider this setup as educational.
Multi confluence trade setup for bullish action.
a) Elliott Wave Analysis: Consolidation at 0.618 fib level of retracement. Complex Elliott wave 4 consolidation which on breakout would cause the rise of wave 5. Since wave 1 and wave 3 were of equal length, wave 5 should be largest wave.
b) Trend Analysis: Falling Wedge consolidating near 20 EMA line. Breakout of flag and upward break of 20 EMA line by the breakout candle would indicate a strong long bias.
gevdsvf
Keep a watch. Fingers crossed.
Comment if I miss anything or if you have any other ideas.
[Investment pick] Gabriel IndiaBuy NSE:GABRIEL as an investment pick.
Stock has given a excellent breakout with volume.
Buy near 87 odd levels.
SL below 75 (conservative investors)
SL below 68 (Investors)
GABRIEL good probability tradeHi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame.
Here's a trading plan for GABRIEL
Weekly location: Equilibrium
Daily trend: Up (Let's go long)
Hourly zones: Demand zone marked on chart
Trade duration (max): 1 week
Note: Target, Entry and SL on chart
GABRIEL INDIA LTDFundamentals-
1)A very attractive small cap company in the space of auto anctillories.
2)Company is growing @ > 15% YOY.
Keynote-->Its a good stock that can be accumulated at every dip.
Positive News1--> SBI Mutual fund holds 85L shares of this company.(Source-BSE India)
CMP-116(17th March'2017)
1st target-140(12 months)
Disclaimer : I am a private Investor/trader who is just expressing his views. These are just my opinions and i am not giving any kind of free or paid calls. I am using this platform to share my knowledge and learn from other's knowledge. I might be/might not be invested in my opinions.
NOTE-->I give preference to the traders/investors who encourage me by commenting and liking my ideas.
GABRIEL previous gap filling inHi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame.
Here's a trading plan for GABRIEL
Weekly location: Equilibrium
Daily trend: Up (Let's go long)
Hourly zones: Demand zone marked on chart
Trade duration (max): 1 week
Note: Target, Entry and SL on chart
Gabriel IndiaThe information is for educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced by me. The information provided through my charts are for personal, non-commercial, educational use and display.
