PrachiMetha

Can $NSE:GUJGASLTD Will Test 485 Level

Long
PrachiMetha Updated   
NSE:GUJGASLTD   GUJARAT GAS LTD
Dear Followers,


I hope you're doing well. I wanted to share a brief update regarding the short-term trend of the stock GUJGASLTD I have been monitoring.

Currently, the stock is experiencing a Uptrend in its short-term price movement. My analysis indicates that market conditions and recent price action suggest a period of Increasing in prices. This information could potentially be useful for your investment / hedge strategy.
If Stock Break 460-462 level then possibly we can see 475,480,485 level so if you are ready to take Risk then I have 2 Strategies For Month Of September Series that we can Deploy.

1) Buying an Option
Buy GUJGASLTD 455 CE,
Stop Loss= 8
Target = 18,23,25
Time Frame 7-8 Days
Investment = 16250
maximum Loss= 6250
Profit Upto = 15000

2) Hedge strategy
Stock Name- GUJGASLTD1!
Future Entry Level - 452-454
Future Stop Loss Level- 448
Future Target Level- 475,480
Option Level- 455 PE

Investment = 30000
Maximum Loss = 8500
Profit Upto = 17000

Best Regards,
Ajay Metha
Trade active:
Order Executed
Comment:
1st Target Done

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