GUJRAT GAS LTD - TRIANGLE
GUJGASLTDGujgas has been consolidating in a tight range on a daily timeframe and formed a triangle.
it has a resistance of 528 if it breaks and closes above it on day TF then will enter above 530.
Cmp - 516
my stop - 497
take profit marked on the chart and that's a good resistance too if it breaks then it can trigger a further move up.
Always trade with stop loss to avoid big drawdowns.
keep learning,
happy trading.
Trade active
took entry in option for intraday decent target achieved
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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.