Hello Traders
In my point of view Guj Gas Ltd formed a cup and handle pattern showing bullish trend with RSI of > 60 which is indicating positive momentum and strengthening buying interest. From a price action perspective, the stock has established key support levels around ₹309, followed by a stronger support zone near ₹282.Exponential Moving Averages (EMAs) suggests a bullish bias. A breakout above the ₹429–₹436 Gann zone may trigger further bullish momentum and hit the target price of 510 which is also the 52 week high of the stock. The overall trend remains bullish. NFA
In my point of view Guj Gas Ltd formed a cup and handle pattern showing bullish trend with RSI of > 60 which is indicating positive momentum and strengthening buying interest. From a price action perspective, the stock has established key support levels around ₹309, followed by a stronger support zone near ₹282.Exponential Moving Averages (EMAs) suggests a bullish bias. A breakout above the ₹429–₹436 Gann zone may trigger further bullish momentum and hit the target price of 510 which is also the 52 week high of the stock. The overall trend remains bullish. NFA
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.