GMMPFAUDLR trade ideas
Trendline breakout in GMMHello Guys, welcome to another analysis, GMMpfaudler has broken out of a wedge and a trendline today, seems good for a target of 3-5% in short term.
Do keep SL around 4700
Targets 3-5% . Trailing can be done.
GMM PFAUDLER LONGGMM PFAUDLER consolidating from last 1 month and now it can break the range and after 4800 we can see a good upside move of atleast 15% in this stock so watch the levels carefully and keep your eye on it
for detailed analysis watch this
buy gmm pfaudlerit has retest its breakout level. also support taken at 50EMA and now trading abv 21EMA. we may see 5400 in coming days. view negated below 4450
GMM PFAUDLR IS BACKGMMPFAUDLR
Has given good money once, can do same again.
Will wait for confirmation on Daily charts.
On weekly charts selling volumes have been falling.
RSI Above 50
MACD in positive area.
Don't hurry to trade, wait for proper confirmation.
***DO YOUR OWN ANALYSIS BEFORE TRADE, PROFIT AND LOSS IS YOURS***
GMM - moving towards its imp support zoneGMM Pfaulder Ltd saw a remarkable from 4000 levels to 5435 levels.
Though it went into deep correction after marking high of 5435.
Currently it is approaching it's imp support around 4474-4434.
Since it's weekly and monthly chart are bullish,chances are that it might took support at the level mentioned above, hence I am keeping an eye on its price action this week.
It could be a good trade, if stock some positive price action near this support area.
GMM Pfaudler to breakdown?GMM Pfaudler seems to have given a breakdown. Could provide a good short oppurtunity.