GICRE trade ideas
Strategy For GICRE | Long or Accumulate1. Consolidating in a box having area of 20 points
2. Retracement done from high to low (0.5 fib level)
3. Double Trendline Resistance
4. Decent delivery percentage (around 43% on 14/ 05 /2021)
TWO STRATEGIES :
(1)
Buy above 204 for a near term TARGET OF 215-220
SL - 199 (daily closing basis)
(2)
ACCUMULATE TILL 0.618 fib level.... a good move till 240 can be seen.
Time : 1 Month
FAVOURABLE RISK TO REWARD = 1:4 (for Target->218)
TIP : FINANCE SECTOR IS WEAK AS OF NOW.... START BUYING....IT CAN SHOOT UP ANYTIME :)
Trade according to your RISK MANAGEMENT .Levels provided are just for educational purposes.
Feel free to share your feedback and queries.
Price action analysis on GICREGICRE is on a proper support zone where we can enter with an awesome risk to reward trade.
GICRENote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
GICRE - BullishStock has BO on weekly chart after a year of accumulation. One can buy some and add in dips. Stock might consolidate before next move.
GICRE | Huge Volume | BO NSE:GICRE
Breakout from previous supply zone.
Breakout from trendline.
Huge volume from last two sessions, supporting BOs.
Can be accumulated in zone of 190-205.
Targets are marked on charts.
Target 150 if closes above 130 - strong. Price taking support from the Fibonacci Golden ratio and reached the resistance levels yet again. If breaks this levels and closes strong above 130 then the first target will be 150.
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Up coming Long set up One can look for buying once the price tag and reverse on daily , it has Potential of Making Gain of 80 % in coming Months
You can look to invest and hold it for 2 Months and take home 80 % returns of investments
One can look to invest 5000 or Multiple of 5000
Good luck
GICRE at its support Buy at 122I will buy GICRE because :
It has been taking support at the trend line .
So will be looking at buying opportunities.
Entry : 122
Target : 169
Stop loss : 111
SHORT BELOWShort BELOW 120.9 for TGTS of 119-18-16-15 SL 123.60.
Just a view better seek professional advice.
BUY GICRE 20 % RETURN CHANCEHigh volume and stock will easily touch 200 level.
which is 20 % from current Market rate.
