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gujarat alkali looks bullish in medium term.
GUJARAT ALKALIES & CHEM
Long
gujarat alkali looks bullish in medium term.
By ParamjitMahapatro
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Updated
Aug 25, 2017
5
Aug 21, 2017
In longer time frame, it is in strong uptrend.
In weekly, it is bounced from the support of ascending channel. Also hidden bullish divergence is seen.
sl - below channel support - 375.
1st tgt - 470, 2nd tgt - 520.
Aug 25, 2017
Trade active
going good till now 419.35
Aug 30, 2017
Trade active
going good, till now 440.25
Sep 12, 2017
Trade active
moving up steadily, til now 478.
Sep 20, 2017
Trade closed: target reached
price closed at 527.65, both targets are done. and price touched the channel resistance,
Ascending Channel
Bullish Patterns
Bullish Divergence
Chart Patterns
Trend Analysis
uptrend
ParamjitMahapatro
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