GSFC trade ideas
GSFC - Bullish HaaramiExtremely strong bullish pattern formed at trend line support
No volumes in selling
Buy at 83.75, Stop loss at 79.50 Target 1-89 target 2-97- target 3-108
Good risk to reward trade
Do your own research also before taking the trade as this is for education purpose
331 SAN. macd diver plus tl breakout Disclaimer:
Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted analysis are based on Static ANalysis (SAN). Many times scenarios does not arise for good and ideal entry points. Hence needs personalized intraday techniques and strategies (PITS) are required for your entries and exists Always run with SL. Wavozen1 aims to publish real-time entries and exits.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on SAN for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on Real-time Analysis (RT)/ Dynamic ANalysis (DAN) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, Gap-up opening, gap-down opening, news, major economic data release etc may impact the deviation from the assumed scenarios. If entry conditions and criteria are not meet, then we should not take any chance to enter on assumed scenarios. If there is a deviation in assumed scenario in time, speed and angle and these deviations will not encourages for entry as referred as entry not valid (ENV). Daily post appears on stocktwits.WavoZen. Abbreviations: PT1: Profit taking point 1; PT2 =profit taking point 2; SL: Stoploss point. ENT: Entry not Triggered; ENV: Entry not valid.
Can expect a good up move in near futureUsing the Stochastic and Regression we are analyzing the trend and possible trend reversal.
Daily candle creates a strong price rejection.
Stock Broke important support levels of 106.55-101.7 . Stock Broke important support levels of 106.55-101.7 . Stock
Looks Weak up to 121 level .
Short Term Investment Pick : GSFCGSFC has taken Support on Monthly TF at Key level.
On Daily it has formed the reversal Setup for Buy.
Buy is advised above 134.20 with Target 150 Stop CBSL 122 and its low Breach
GSFC- Bang on Target- Visits the Box 71-73 as expectedVow- As expected GSFC (Gujarat State Fertilizers & Chemicals) visits the box 71-73 from yesterday's gap down opening.
Once we get confirmation that GSFC is looking to hold here & eyeing a bounce - we will be keen for GSFC's upside target
Regards,
Abhishek H.Singh, CMT
