GICRE is at important support level of 174 Can add now for target of 215++ Add in dips till 167 SL 162
NSE:GICRE is bullish in long term and hence an upward channel can be witnessed.
This analysis is based on weekly Timeframe. Buy General Insurance Corporation of India -- Investment Idea Buying Zone 155-175 Buy on Dip. Stoploss 125 on Closing basis Target: 280-300
Market Analysis Live Challenging Stock Market Analysis #GICRE Buy @ 204 Target @ 242.75 #sharemarket #GICRE #Nse #stockmarket Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to...
THE STOCK IS IN DOWNTREND CAN GIVE BREAKOUT ...ENTER ABV THE MENTIONED LEVEL IN THE CHART
If it breaks resistance will reach 230 otherwise if breaks support reach 187 max
General Insurance is in a Pennant Pattern with a consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may...
Breakout from the triangle formation can be seen clearly and the price has also retested the breakout price which is a clear conformation for a long position, the momentum seems to be not that good but the 20 day EMA and 50 day EMA both are providing support just below the current price levels so that also add up to a strong indication. Stop loss can be placed...
General insurance looks good can add some at cmp and add remaining at dip with sl 190 as closing sl and it will pick movement once’s it break 205 and sustain above and major upside movement will come once’s it break 220 and sustain above looks good can give bigger target like 223-250-300 and many more level it will take time
General Insurance (GICRE) Cmp - 201 Stop - 170 on DCB Expectation - T1 - 340 T2 - Open, Review at 340 Expected Holding Period - 120 trading days or earlier for T1 View:- Swing/Positional Disclaimer:- Ideas being shared only for educational purpose Please do your own research or consult your financial advisor before investing