Get started
GUJARAT MINERAL DEVELOPMENT COGUJARAT MINERAL DEVELOPMENT COGUJARAT MINERAL DEVELOPMENT CO

GUJARAT MINERAL DEVELOPMENT CO

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

GMDCLTD trade ideas

Cup & Handle and Trendline Breakout - GMDC LTDTechnical Analysis: Current Price: ₹354 (Note: Live prices can fluctuate. As of the latest information available, GMDCLTD closed around ₹349.95 on May 16, 2025). Targets: Your targets of ₹390 and ₹440 suggest a potential significant upside. Cup & Handle Pattern Breakout: This is a bullish continuation pattern, and a breakout suggests a potential move higher. Trendline Breakout: Breaking above a significant trendline also indicates potential bullish momentum. Time Frame: A 1 to 3-month timeframe is a reasonable expectation for these patterns to play out, assuming the breakouts are sustained. Confirming the Breakouts: Volume: It's crucial to assess if the breakouts were accompanied by a noticeable increase in trading volume. Strong volume adds conviction to the validity of the breakouts. Sustainability: Monitor if the price holds above the breakout levels in the coming trading sessions. Potential Upside: Target 1 (₹390): Represents an approximate 10.29% upside from the ₹354 level (or around 11.44% from the ₹349.95 closing price). Target 2 (₹440): Represents a more significant potential upside of around 24.29% from ₹354 (or about 25.73% from ₹349.95). Quarterly and Yearly Results & EPS Comparison: Based on the available information (primarily data up to December 2024): Latest Quarter Result (December 2024): GMDCLTD reported a rise of 26.39% in consolidated net profit. Sales also increased by 15.80% to ₹653.42 crore. EPS (TTM - Trailing Twelve Months): The EPS for the trailing twelve months is around ₹20.97 (as per some sources). To provide a more precise comparison of quarterly and yearly EPS, we would need the specific figures for the most recent quarters and the full financial year ending March 2025, which the company is expected to announce. Key Factors to Monitor: Breakout Confirmation: Watch for sustained price action above the breakout levels with good volume. Upcoming Results: Keep an eye on the full-year results and any further quarterly results announcements, as these can significantly impact the stock price. The board meeting to consider these was held on May 15, 2025. Sector Performance: The performance of the mining and minerals sector can also influence GMDCLTD. Technical Indicators: Using other technical indicators like RSI and MACD can help confirm the bullish momentum.
NSE:GMDCLTDLong
by sara54654
GMDCLTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
NSE:GMDCLTD
by zenthosh
GMDC-STRONG BUY taking support at 385 the share looks promising. In 5(3rd) after completing 5(2) .9.55 rs dividend low 385 high expected 418- 20 if crosses 422 then trg 440 -47 , bonus candidate and can get lithium mining with Moil .Metals in uptrend last unmove going. Can cross 500 once good news comes in , company is having good book value conducive for bonus. And aluminum/ iron prices are in upwing from 1st March hence expecting good qtr in June24 ending. And bonus till sept 24 .
NSE:GMDCLTDLong
by tanrakesh
GMDC LTD for Swing / Positional GMDC LTD Prediction for Swing / Positional Trading First breakout at Entry 1 level. Second breakout at Entry 2 Level above 228. This entry 2 may be retest. you can entry now and more buy on retesting. Volume also supports the breakout. SLs- 208, 185 Targets- 270,350,485,700,… Intermediate Targets - 239,249,259,269,279,290,300,320,340,360,372,383,402,435,445,495,505,515,535,548,570,……. According to your “STOMACH” book your profit. Always maintain your risk management. Watch Carefully – The Chart Explains For Itself. Can anyone tell me which chat patterns are shown up here? Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Request: Please support by Like, follow, comment, share and boost. Happy trading. Always maintain your Risk Management. #TradingView #StockAnalysis #gmdc #TradeOpportunity About GMDC- Gujarat Mineral Development Corp. Ltd. (GMDC LTD) engages in the development of mineral resources. The firm operates through Mining and Power segments. Its products include lignite, bauxite, fluorspar, manganese, silica sand, limestone, bentonite, and ball clay. The company was founded on May 15, 1963 and is headquartered in Ahmedabad, India. You can follow me in social media through links given below-
NSE:GMDCLTDLong
by suraranjanganguli
1