DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Manufacturing and marketing of Alcoholic Beverages; such as Country Liquor (CL) and Indian made Foreign Liquor (IMFL). GMBL started producing 200 cases a day which has now reached to more than 50,000 cases a day.
++ Debt free, IV-930, BV-390, 3 yrs PE=11.61, OPM>=15% (last 13 years), NP-100 crores in 2023
-- Every year FII reducing their stake, no DII stake,...
NSE:GMBREW
can move towards 900 in coming months
gave breakout on weekly timeframe around 635 with good volume
retested breakout area and now resumed it's upward journey
cmp is 699
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a...
Note:
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...
BUY - GM BREWERIES
CMP - Rs. 590
Target - 1: Rs. 747
Target - 2: Rs. 913
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Timeframe - Target - 1: 4-6 months, Target - 2: 6-12 months
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Technicals - Bullish Flag Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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GM Breweries long indications based on chart pattern.
Had been on down move and then gave a double bottom pattern and near the consolidation phase. Currently at the levels where it seems to give some momentum in the chart.
Expecting levels of 649 - 748 in the near term if sustains with good volume with strong base at 530 levels.
No recommendations, just my...
BUY - GM BREWERIES
CMP - Rs. 599
Target - 1: Rs. 810
Target - 2: Rs. 1020
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Technicals -
1) Bullish Flag BO, supported with high volumes.
2) Historical trend ranging from August' 15 to May' 18 resembles the current trend, indicating a bullish continuation.
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Fundamentals -
GM Breweries Limited (NSE:GMBREW) is an Indian company engaged in the manufacture...
Stock looks good for a an up move short term
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific...
GM BREWERIES FLAT CORRECTION
adjacent or alternate waves of the same degree should be different and non-matching in many ways as possible” In flat correction Wave A and Wave B will alternate with respect to following : Price: Alteration will not be seen in price as the Waves A and B are similar in price.
Can be a good buy @ CMP
TGT - 900 & 950
Disclaimer
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible...
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock...
