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Sonusah46
Jul 10, 2021 10:40 AM

Ascending traingle pattern on Gujarat Gas  

GUJARAT GAS LTDNSE

Description

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.
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