GILLETTE INDIA LTDViés de alta
Sugestão da Casa
Multiyear Range Breakout With Huge Volumes In Gillette
1. Gillette made high of 8140 in October 2019
2. High of October 2019 has broken in September 2024 ( 5 Year Breakout )
Trade:
Buy 50% Here At Cmp 8528
Rest 50% If You Get Dip Around 8000/8100 Which Is Breakout Retest Level.
SL - 7150 ( Monthly Closing Basis )
3 Months Candle Low Taken As SL. Monthly Close Shouldn't Come Below This Level.
( Target 1 ) = 12000
October 2019 High - Jan 2023 Low + October 2019 High
8140 - 4135 + 8140 = 12145
( Target 2 ) = 16149
Draw A Fibonacci From October 2019 High To Jan 2023 Low
Retracement Level Of 3 Which Is 16149 Will Be Target 2
Time Frame - 2-3 Years
Fantastic Fundamentals Is Cherry On The Cake
2. High of October 2019 has broken in September 2024 ( 5 Year Breakout )
Trade:
Buy 50% Here At Cmp 8528
Rest 50% If You Get Dip Around 8000/8100 Which Is Breakout Retest Level.
SL - 7150 ( Monthly Closing Basis )
3 Months Candle Low Taken As SL. Monthly Close Shouldn't Come Below This Level.
( Target 1 ) = 12000
October 2019 High - Jan 2023 Low + October 2019 High
8140 - 4135 + 8140 = 12145
( Target 2 ) = 16149
Draw A Fibonacci From October 2019 High To Jan 2023 Low
Retracement Level Of 3 Which Is 16149 Will Be Target 2
Time Frame - 2-3 Years
Fantastic Fundamentals Is Cherry On The Cake
Nota
(8528 + 8100)/2 = 8314 Average Buy
Gillette is up 26.9% from buying price in such weak market :)
Power of the analysis. Keep booking profits like 20% on such rise and rest Hold for bigger gains.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.