GMDCLTD trade ideas
GMDC ltdGMDC Ltd. Slow mover share. But can give 50-70% return in coming 2yrs time, company also gives 3% dividend yield
GMDC | SWING TRADE SWING TRADE OPPORTUNITY
Stock has contracting and making triangular pattern from last year april and finally gives breakout in april this year with very good volumes. And from May, the stock is in consolidation phase which seems to an end. As soon as it comes out of consolidation its major resistance is 225, which is 28% from this price. Company is fundamentally strong and metal sector also done seems good from last 6 months.
GMDCNote:
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...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
GMDC: Trading near breakout zoneGMDC is looking good on chart. Stock is consolidating from 1 year in a range. In past stock was got triple after breakout from consolidation. Can expect good move this time also. Keep on radar for closing above 171.
BREAKOUT, GMDC LTD, 50% RETURNS!!!BUY - GMDC LTD
CMP - Rs. 167
Target - 1: Rs. 216
Target - 2: Rs. 251
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Timeframe - 4-8 months
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Technicals - Bullish Triangle Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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GMDC: Near 1 month range breakoutGMDC is looking good to break 1 month range. Keep on radar for closing above 171.
Gmdc multi time frame breakout analysis I make daily educational content videos on swing / positional trading
Strong breakout in GMDCChart -> GMDC Limited Daily
A simple line, which acted as support and resistance before. Today broke out with volume.
CMP: 167
Good Range: 150 to 165
Target: 186.50, 218.50
SL: 148.50 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
GMDC: Consolidating from 4 weeksGMDC is consolidating since 4 weeks in narrow range. Today Company is going to announce Q4 results also. Keep on radar for closing above 164.
massive breakout in gmdcMassive breakout in GMDC good company for target of 200-215-235
This is for education purpose only
#GMDC Gujarat Mineral Development Corporation LtdWorth taking risk.
GMDC will clock highest profit ever. huge dividend on card, next Coal India in making.
Owned by Govt of Gujrat.
DIS: I have invested! my opinion for myself to stay long for a target of $50 *82 = ?
I am NOT a SEBI REGISTERD Person take risk on your own.
GMDCLTD LONGLook at the beautiful triangle pattern guys enter ones at Breakout it may gives a drastic move guys
Follow on support for more breakout and retesting stocks.
GMDC: Falling trendline breakout on weekly time frameGMDC was in downtrend since last 1.5 years. Stock was forming lower low and lower high on weekly time frame. From 2-3 weeks stock is not breaking its previous low and trying for starting of an upward journey. Keep on radar for weekly closing above 162 to form an uptrend pattern.
GMDC - DAY CHART - 14.01.2023 - BAHAVAN CAPITALGUJARAT MINING DEVELOPMENT CORPORATION as per day chart analysis
Stock ABOVE 163 TARGET 163
Wishing you a very Happy Pongal...
GMDC - Daily cmp 147Huge Triangle consolidation.
120-30 strong demand zone.
Strong fundamental pick
On breakout, one can see 163-186-203-219-228-240 levels with a positional/swing trade view.
SL should be the breakdown of the demand zone around 120 .
GMDC - DAY CHART - 11.01.2023 - BAHAVAN CAPITALGUJARAT MINING DEVELOPMENT CORPORATION as per day chart analysis
Stock ABOVE 157 TARGET 160
Once again FII Net selling had increased today at 2109.34 Cr and FII Net buying was at 1806.62 Cr.
From Jan 2nd - Jan 10th in these 7 trading sessions alone FII Net selling at 10125.91 Cr and DII Net Buying at 6286.99 Cr.
Bank Nifty looks weak with support at 41569 / 41295.
Nifty looks weak with Support at 17771
Happy Profitable Trading to all...
GMDC BULLISHLooking the chart it seems that it had completed internal wave a&b of corrective wave B and now making wave C which should go beyond 163... Therefore it can be longer for Minimumm target of 163.
Gujarat mineral development corporation - GMDCGujarat mineral development corporation - CMP - 159.450
Head and shoulder formation completed, It will move up side towards Target 1 -177 & Target 2 -183 in short and long term.
Now consolidation going on, when it crossed 163 slowly it will start moving up.
For my View Before Mar-23 - It will touch 200+
Note :
This is not stock recommended , i share my analyses before taking positional analysis your own.
Only for education purpose
Swing and Positional Idea - GMDCGMDC seems to be shaping up really well. 130-150 seems to be a really good accumulation as well as demand zone and it should gain momentum once it crosses 180. Levels marked.
GMDC - Coal playWith coal prices moving above $400 again..lignite demand will increase again.
Watch for a bounce in this stock between 154/150 and go long there..After that look at double up above 167.
The stoploss after the first purchase would be below 144.
