Rugminik

GICRE - Swing Trade 17% ROI Potential

Long
NSE:GICRE   GENERAL INSURANCE
1) Stock is reversing from a 6 weeks old consolidation at a major weekly support - Previous low.
2) Stock is in uptrend
3) Daily is showing Bullish RSI Divergence.
4) Daily Price indicates compression Breakout as well.

My entry - 350
Target - 400
SL - 325

RR - 1:2

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.