GMMPFAUDLR trade ideas
In down moveThe first support will come at 5047 and if it is not held then the next support will be at 4667
short term gain stockThis stock has good buy at 5592 with target 5837. Target may go up to 6354 withing two weeks if breakout happen at 5837.
Superb support on EMAOnly for educational purpose only. GMM showing superb support on longer term EMA. Interesting..!!
Buy GMMPfaudler for short term gainMy view is purely educational.
GMM pfaudler can be bought in the range of 5900-6000 for short term (1 week) for the target of 6600 and then to 6900.
Could not hold above resistanceImmediate support 5550, If it breaks in 15 days, the next solid support at 4500. Year end target is 7800.
Holding support as on dateIf the support is held it is likely to consolidate for about 45 days with an upper bias before good move comes
bought at 4250up 150% in three months. shallow pullback 19%. volume dried up during the pullback, constructive. hovering around rising 50dma and above 10wma, fundamentals strong.
Holding long term support well and may consolidate for some timeBreak out is likely to be seen once it conclusively closes above 4650
GMM PFAUDLER LTD ........Getting ready for fifth wave.This stock is on the way to complete the fifth wave. wait for the trend line break for the mentioned target on charts. violation of the 4th wave negates this trade.This is just my view.... trade according to your own risk management.
GMM - Good Result or Bad ResultSome people like the result (Price to sales is still good) coz its still super for the sector. Some people don't like the result coz it missed expectations.
Either way initial uncertainity might take the stock to the yellow box of support.
Bulls in that stock can then look to buy it there IF AND ONLY IF it bounces there.
GMM PFAUDLER buyers should wait for some correctionAfter the pandemic of COVID-19, this stock has recovered amazingly and it is in a clear uptrend.
In the daily chart frame, we can see this is in the consolidation phase and there should be some correction remained in the stock. Personally I feel like the stock is quite overvalued in the current situation. If it takes support on 3408 levels and bounces back I suggest you see the chances for buying opportunities at that level.
GMM Pfaudler Ltd. - AnalysisGMM Pfaudler Ltd. is consolidating in a pennant pattern in the daily chart and likely to see short term breakout above swing high of 3650. Technical parameters look very strong and further re-entry into the overbought zone is likely to trigger further momentum breakout in the stock. Keep a watch.
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The analysis done on the charts is based on current data & my personal observations.
All the information presented is for educational purposes only.
Please consult your financial advisor before investing.
Gmm weekly bearish formation lively to fallStock has formed a weekly top as momentum got exhausted towards upside.
Potential buy at 1800-190045% correction from top and a fast retracement
Applies to a bottom at 1800-1900.
Huge potential stick for mid term and long term.
high momentum stock. In February the scrip may make a dip and touch 2775. Long term target 4180 in case of sustained bullishness.
Turned ultra bullish in a week or 10 days. Support around 2000. For the time being, target is around 2700
