Gujarat Gas Breakout Analysis

1. Fundamentally strong Stock
2. @ Support Zone
3. TGT 780 if Trendline Resistance Break upside
4. if 687 level Break 598 will be short TGT
*Long & short Tgt performance will be Based on Market condition & Trend.

*Always Enter With good confirmation & Maintain proper Risk Reward.

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Comment: Here We can Observe Fake out. To not get trapped in a fakeout we have to enter with good confirmation. i.e, We can enter when the Breakout candle closes above the Trendline & High of the Breakout should be break by Succeeding candle.