GM Breweries a long term pick.
The stock giving a sign of reversing from 61.8% retracment level of the previous move from 61 to 936, which was 395. If i am right then stock will start its new bull move and targets of that can be mouth watering 1100.
Some resistances are in the range of 500-524. After that 600 will be the next level.
Disclosure: I am not a SEBI certified analyst so please take your own decision before acting on this call. Further i do hold the stock in my portfolio.
The stock giving a sign of reversing from 61.8% retracment level of the previous move from 61 to 936, which was 395. If i am right then stock will start its new bull move and targets of that can be mouth watering 1100.
Some resistances are in the range of 500-524. After that 600 will be the next level.
Disclosure: I am not a SEBI certified analyst so please take your own decision before acting on this call. Further i do hold the stock in my portfolio.
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