About meRakesh Kumar Singhal is a Qualified Chartered Accountant. He Is a SEBI Registered Research Analyst and a Certified Technical Analyst also. Believe in Value Investing and Follow CANSLIM Strategy for Momentum Investing.
The Stock-GMDC was in a range since long time but now the stock has given the breakout of Cup and Handle Pattern with volumes, RS is also increasing towards positive zone, weekly closing is also above 50 WMA, so we can enter in the stock around 50 for a immediate target of 59 and then 64 in next 15-30 days. which can give 20-30% return.