After continuous lower circuit, GMMPFAUDLER has opened again at the OFS price of 3500.
As per simple price action analysis, we can see that there is gaps yet to be filled.
As per price delivery analysis, price has not been very efficient in delivering price between 2800-3000.
Hence, my conclusion is price will drop down to these levels before taking off again.
DISCLAIMER - I am not a SEBI Registered Advisor. This pos tis purely for educational purposes only. I will not be responsible for your profit and loss.
Please confirm with your investment advisor.
As per simple price action analysis, we can see that there is gaps yet to be filled.
As per price delivery analysis, price has not been very efficient in delivering price between 2800-3000.
Hence, my conclusion is price will drop down to these levels before taking off again.
DISCLAIMER - I am not a SEBI Registered Advisor. This pos tis purely for educational purposes only. I will not be responsible for your profit and loss.
Please confirm with your investment advisor.