GMDC
CMP 226
It is currently in Vth wave of the larger wave 3.
Vth waves happen to be tricky because they can turncate too i.e. many a times they may not be able to achieve the targets.
Our entry point was at 181 and we entered with an expectation of 40-50% returns only
( Generally we only choose those stocks where we find some chance of getting a multibagger ie something that can become 3 or 4 X in 5 years time…but in current market , it is becoming difficult to such stocks as valuations are really becoming challenging)
Weekly Chart
Disclaimer : This post is just for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability-study methods and chances of success/failure depend upon various factors
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