GFPT : Daily close above 8.8 would be very bullish

GFPT is closing on important day chart resistance at 8.8, and tends to undergo profit taking when it gets close to this price. A breakout and daily close above 8.8 would however be very bullish and could see an advance to 9.40-9.50. However if OFFER intensity holds it back, past history has shown a correction right back to 8.20 or so follows.

 

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