manuagarwal21

GMM - moving towards its imp support zone

Panjang
NSE:GMMPFAUDLR   GMM PFAUDLER LTD
GMM Pfaulder Ltd saw a remarkable from 4000 levels to 5435 levels.

Though it went into deep correction after marking high of 5435.

Currently it is approaching it's imp support around 4474-4434.

Since it's weekly and monthly chart are bullish,chances are that it might took support at the level mentioned above, hence I am keeping an eye on its price action this week.

It could be a good trade, if stock some positive price action near this support area.

Penafian

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