Ascending traingle pattern on Gujarat Gas
On the Hourly Timeframe the stock is forming a ascending traingle pattern which is a bullish pattern and indicates a good bullish momentum in the stock. The stock is looking very good for trade as the lower volumes is also confirming the pattern. RSI is at 60 levels which is also indicating a good upside momentum. It can give a good upside momentum in the coming session one can trade the stock for the following targets.
• Target 1 - 685.20
• Target 2 - 693.65
• Stoploss - 666
Disclaimer - This post is strictly for education purposes and I can be 100% wrong here so please consult with your financial advisor before investing.
• Target 1 - 685.20
• Target 2 - 693.65
• Stoploss - 666
Disclaimer - This post is strictly for education purposes and I can be 100% wrong here so please consult with your financial advisor before investing.
Disclaimer
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