rbasker

Range Breakout in Gujarat Gas

Long
rbasker Updated   
NSE:GUJGASLTD   GUJARAT GAS LTD
Gujarat Gas had posted a fantastic result and had a very good Price / Volume action yesterday. The stock had a follow through with strong Price volume action and the price made a decisive breach of the range that was respected the last several days (~ 3 months)
Comment:
The price is moving as expected, above the trendline. If in a trade, trail the stop loss and let the profits run. Please exercise your Risk Management Rules at all times.
Trade closed manually:
Profit booked and trade closed manually. RR - 1:3.64
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