Gujarat Alkalies - The Share is showing an extended parallel channel
Good levels of consolidation seen in larger time frames
We intend to buy at CMP = 313-314 for a medium term holding horizon
Stop Loss = 300
Targets = 350/370/390
Excellent Reward Risk Ratio
Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional assistance to the extent you believe necessary. The trading strategies or related information mentioned in this article is for informational / educational purposes only.