GSFC ON MOVE
GSFC is giving a good setup on weekly breakout. For short Term Traders , can buy on crossing 153.5 for a target of 163-164.
For Medium to Long Term Investors, we can see a Rounding Bottom Formation on the weekly charts. If it breaks 164, we can see a target of 200- 250.
Volumes are starting to increase also deliverables are at 31% consistently. We may see a breakout soon.
No Recommendation :)
Please Trade after consulting your Financial Adviser.
For Medium to Long Term Investors, we can see a Rounding Bottom Formation on the weekly charts. If it breaks 164, we can see a target of 200- 250.
Volumes are starting to increase also deliverables are at 31% consistently. We may see a breakout soon.
No Recommendation :)
Please Trade after consulting your Financial Adviser.
Harsh Shah
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