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Aait24
Oct 16, 2019 9:11 AM

Gujarat Gas formed bullish triangle Long

GUJARAT GAS LTDNSE

Description

Formed bullish ascending triangle on daily. RSI 50+ bullish

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My target price would be at a measured breakout somewhere at 220 to 225

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Triangle breakout occurred as expected.

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Positive Q2 results expected which will further move the stock to the north beyond the initial targets hopefully.

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18 % profit since the call published and still counting. Made 52 week high today and closed.

Trade closed manually

Hit TP less 5. I would term it as almost hit. Buy on dips would be the next outlook.

Trade closed: target reached

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