Gujarat Gas
Gujarat gas is in the range of 430-530 from very long. while analyzing weekly chart we see 403 as a strong support and the downward sloping trading line is also about to break. One can make a small entry now and aggressive entry above the trendline breakout.
Recently on result day it made a low of 440 which looks out to be a bottom for the year, from there it made a good green doji candle and then 2 good green follow-up candles.
It is looking to fill the gap which it created and can give a good rapid move above 494 closing which is acting as a small resistance as of now.
Recently on result day it made a low of 440 which looks out to be a bottom for the year, from there it made a good green doji candle and then 2 good green follow-up candles.
It is looking to fill the gap which it created and can give a good rapid move above 494 closing which is acting as a small resistance as of now.
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