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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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
I 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
NSE:GICRE is the zero depts government insurance company. Recently listed in 2018. Got bitten down due to global impact. This stock is having very high potential to gain in future time. Note that due to very high beta ratio this stock is so volatile so play with strict stop loss. Also nifty sentiment to be observed. Based on moving average basis the bullish...
NSE:GICRE
Long GICRE with a target of 170 and 200 for 2 to 3 month range
SL around 120
Reasons being:
1. Bullish Flag formation
2. Breakout in Flag with double the Volume
3. Buy Signal in MACD
