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GENERAL INS CORP OF INDIA
Long
Dec 22, 2024
GICRE Weekly symmetrical triangle breakout
4
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GICRE Weekly Symmetrical Triangle Breakout 🚀
Analysis:
GICRE has broken out of a symmetrical triangle pattern on the weekly chart, accompanied by a significant volume spike.
Breakout Level: ₹450
Current Price: ₹501 (+13.23%)
Volume: 53.43M (above the 8.01M average)
Key Levels:
Upside Targets: ₹550 | ₹600
Support Zone: ₹450
Trade Setup:
Look for sustained buying or a retest near ₹450 for potential entry.
📌 High probability trade with bullish confirmation. Maintain proper risk management!
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