Description
⋅ Gujarat Gas is struck in a box range. Beyond that it can move to 375 followed by 400.
Stoploss = 305 (on closing basis)
Trade active
⋅ Trade closed: target reached
⋅ Target achieved. Stock made a high of 411 on 11/27.
Comment
⋅ Stock achieved both the targets( 375, followed by 400) in 3 trading session. It was on back of news of unified tariffs.
It had a strong rejection above 400 levels as expected. It is now again in consolidation.
We got lucky to get 15-20% return in 3days.