G M BREWERIES LTD
Long
Updated

GM BREWERIES - POTENTIAL 6 YR BREAKOUT

931
Has been forming a symmetrical triangle and a breakout with close above 700 in this time frame would activate the potential target of 1300

As long as it holds abv the stop loss level of 630, I believe this stock can hit 1000 by year end spilling the balance potential over next year

Disclaimer: The idea is only for educational/information purpose only and does not constitute trading recommendation

Note
CMP 796.4 @ 25% upper freeze... ON FIRE
Note
HIGH TODAY @ 948 and closed at 928

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