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Mayank Kumar

21st Jul 2025 · SEBI-Registered Analyst

GMDC

GMDCLTD
The chart of Gujarat Mineral Development Corporation Ltd (GMDCLTD) shows a massive bullish breakout on July 21, 2025, with the stock surging +14.73% to ₹435.30. It opened at ₹380 and rallied sharply to a high of ₹443.10, breaking past recent swing highs and long-term resistance zones. This large bullish candle, especially after a brief pullback in early July, signals strong buying momentum, possibly driven by positive news or earnings (as indicated by the nearby earnings icon). The breakout suggests a continuation of the uptrend, with potential upside targets around ₹460–₹480 if momentum sustains, while ₹400 now acts as immediate support.

#FundamentalViews#TechnicalViews
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