Gujarat Fluorochem has performed extremely well in the past and continues to move higher with momentum. The price has now breached the resistance zone of 3,870. This is a monthly chart, so keep in mind, that these targets will take longer to mature.
Essentially what we have here is outperformance coming through in a market where we're looking for ideas with confirmation.
We are bullish with a risk management level of 3,870 and a target of 6,125.
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Allstarcharts Team
