Visionary_Growth_Insights

SWING IDEA - GSFC

Pembelian
NSE:GSFC   GUJARAT STATE FER
Technically the stock looks good. There are multiple confirmations for the same. The reasons are stated below :
  • stock is in a uptrend and corrected till the 0.618 zone (golden zone)
  • 50EMA support in daily TF
  • created a 'W' pattern
  • a strong bullish engulfing candle on a crucial zone (engulfed 4 daily candles)

Stock could easily move unto 193-198.65 levels in coming weeks.
198.65 is all the high for this stock.
  • 1st target will be 193-198
  • 2nd target will be 211

SL - daily close below 165
Komentar:
we can add some quantity.
the stock looks good.
Komentar:
We hit our second target as well.
Got 20% easily.
done with this trade.

THANK YOU !!

---- END ----
Trading ditutup: target tercapai:
stock price made a high of 291.
65% up from our buying price.
Komentar:
Price is 81.8% up from our buying price.
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