Oil and natural gas Prices are getting Hotter due to geopolitical instability. Gujarat Gas is one of the beneficiary during this time and look at the chart it looking charming we might see the upside upto 595 in very short times and 620 further. Educational purposes only there is involvement of risks of geopolitical and global events. so make your investment...
Natural Gas has fallen 60-70% from the upside Now NG is near long term support which is coming around 110-120 One should not miss this opportunity to BUY Also RSI is also near to its weekly support It is double confirmation from price wise and also from Indicator wise. We can expect prices to rise upto 220-240 levels. YES, That's almost 100% from...
Exciting Bullish Pattern Alert! 📊 Pattern: Broadening Pattern 📌 Symbol/Asset: MGL 🔍 Description: Stock is about ti give breakout. If stock gives breakout then we can expect momentum after breakout. If resistance is not crossed then we can see fall upto support levels. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell...
Possible Breakout in Gujrat Gas Ltd. Best Buy: After breakout of the triangle pattern @ 500 to 510 OR Buy if found near support of 470-480. Stop Loss : 460 & After breakout 470-80 Target: 570/640/700/750+++ Reasons to buy: 1: Good weekly support from the bottom. 2: Possible Symmetrical triangle breakout. 3: Trending just above the 200ma. 4: ...
Natural Gas Upmove After a downmove of too long currently at a small support levels of 180. Strong Support base at 130 levels. Expecting upmove in the near term to mid term of 265- 370 levels . No recommendations, just my view based on the chart.
Elonged zig zag correction pattern complete down side and wave c internal wave 2or 4 trendline break
natural gas is breaking trendline short swing. this is only for study purpose.
In natural gas despite of record production in US, its inventory comes negative. NG has created positive RSI divergence in 4 hr chart from 3 Jan 2023 and trading in downward parallel channel which shows, if it can break this downward channel than it can directly touch 5-5.6USD. This is for learning and education purpose, do not take as trade advice.
THE STOCK IS NEAR SUPPORT ZONE IS 200 SUPPLY ZONE IS STRONG Disclaimer : All the IDEA made on this channel are for educational purpose. Investing and trading in stock markets is a risky business,hence please do your own research or consult your financial advisor before investing .Chirag,popat123 doesnt give any tips or calls,simply expresses views for...
Breakout was observed in the trendline where multiple Rejections have been seen. Follow me for more analysis
Poor macros, #Gas prices continue to rise and the risk of rationing and high prices continue to haunt the continent. European gas contract are near to click a fresh all time high. On technical terms we can see multiple descending trendlines pushing the pair down . The fall below parity and quick 3 day short covering pushed #EURUSD to 1.02700. Current trading range...
GUJRAT GAS LTD -- DAILY CHART -- POSITIONAL 1. Rounding bottom pattern seen at daily chart , 2. Bottom formation seen 405-408 around that level consecutive triple bottom candle seen indicate strong support formation 3. After sharp fall and downtrend consecutive red candle trend reversal doji candle form last closing daily candle indicate uptrend will...
Because of the gas supply problem europes going to face, I doubt it will keep going down, there's only up, how fast it goes up depends on the gravity of the Russian invasion or if it drags on until next fall. Change in the downward tendency, with big volumen especialy during handle dip. my projection is 170 USD by september.
#EKC Looks good on weekly charts After long time breaking highs of 2009 Expecting upmove of 40% nearly. On upper ckt presently. Will try to get around 240 SL Of 185 on weekly close #vr
GSPL consolidated towards lower levels of 300s and has met enough demand to sustain these levels for the past few weeks. Negative MACD is waning from sell-side to buy-side. One can take a medium to long term position in this stock. Fundamentally this company is doing very well. Increased its topline revenue and market share. Trading at P/E at lower levels of 11...
Crude prices has been continuously rising, and the immediate benefactor is the natural gas. With tremendous pressure on energy global supply chains gas companies are struggling to fulfil the outgoing demand. ONGC, which has also seen a hike in gas prices have reported record profits for this quarter. I have been bullish on ONGC since 110/- levels. And the reasons...
Levels are mentioned on the chart for the short and long term as well . Trade with given levels . Follow for more in the future.
NSE:IGL Observations: 1) On 1 day time frame, we can see that now it is at very critical level range. It is make it or break it, now. If it took support then we can see good reversal for uptrend. But if it fails then the down move continue. Please refer below chart : 1 day Time Frame. 2) On 1 hour time frame, we can see hidden bullish divergence as...