GADT — Bounce Inside Downtrend |Extended Upside If Breakout HoldGADT — Bounce Inside Downtrend | Extended Upside If Breakout Holds
CMP: 255.5
GADT is showing a short-term recovery from the 215 base, but the broader trend remains bearish within a descending channel. Price is now approaching the 273–281 resistance zone; a breakout here can trigger further upside.
If momentum sustains, upside targets expand toward 300–320, followed by 396, and in a strong trend reversal scenario, the stock can extend toward 520–530 zone (major historical supply). However, this requires trendline break + strong volume confirmation.
On the downside, 240 is immediate support, while 215 remains the key level. A breakdown below this would invalidate the bullish setup and resume the downtrend.
Disclaimer:
This analysis is for informational purposes only and not financial advice. Market investments carry risk—always perform your own research before trading.
Long
