Stock has been testing and retesting levels of 84 for some time. Ideally a high beta stock and situation requires strict sl at 79 rs. Reward is once it breaks 84 with volume then we might see 100 immediately as there was a gap down and the same needs to be filled. Watch out for those volume bars.
Disclaimer: This is not a recommendation but just observation based...
Stock has closed below the trend line but it's clear that it's a shake out candle based on the volume and next massive candle. It has to break the supply zone to continue the move.
#GFLLIMITED
GFL Ltd.
CMP: 90.50
Target: 126++
Time Frame: ~2 months
Breakouts better than all others!
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GFL Ltd. manufactures and sells refrigerant gases. Its products include Fluoropolymers, Fluorospecialities, Refrigerants, and Chemicals. The company was on February 4, 1987 and is headquartered in Mumbai, India.
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