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Sivaprasad93
Apr 30, 2021 1:52 PM

Gujalkali breakout from one year long consolidatio. 

GUJARAT ALKALIESNSE

Description

Stock has been consolidating for 1 year and recently gave a good breakout with volume. Stock has now formed a triangle pattern. Watch out for coming days, can give good return.

Comment

After a gap down opening the stock went up by 5.46% making a day high of 434.45 and at the end of the day closed 425.65.
Comments
nil00072010
IT HAS BROKE THE TRIANGLE LINE AT 431 AND TREADING BELOW, I THINK IT WILL RETEST THE PREVIOUS RESISTANCE NOW BECOME SUPPORT AT 381 AND IF BOUNCES FROM THERE, ONE CAN ENTER FOR GOOD RETURN
Sivaprasad93
@nil00072010, May be, lets see. : )
naitey
Target
Sivaprasad93
@hassannaitey, After breakout it has already gone till 469. If u are entering now u can set a short term target of 480, but if u can hold it may give huge return.
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