Staying long in Gujalkali may bode well in the short term

Feb 8, 2022

Hourly charts of Gujalkali presents a compelling proposition to go long for a target of T1 860 and T2 870.. one can see an ascending channel breakout and retest & a cup and handle breakout as well...there is important resistance at 820 and 845 being previous levels from where the price reversed in the past. Need to keep stop loss of 758..one can also analyze the long term chart and see that if it breaks upward of 845 then te target of 935 is at play which was its ATH level ....market has to be favourable, its choppy now so looking only at hourly chart for short term targets...results of Q3 was fantastic

Feb 13, 2022

Trade closed: stop reached