Likhitha Infrastructure Ltd is involved in developing CNG-GAS stations and gas pipelines and also has clients like igl, mgl, guj gas & adani gas. It started a big rally because of the Indian govt interest in developing a huge network of CNG stations all over India. Technically, stock gives a strong BreakOut in the Day TF and can make a strong rally in the next...
Buy At Cmp 202, Strict SL - 188 (DCB) Target - 222/231/250 +++
Please see the chart for trading view.
The stock is in a clear cut indication of consolidation. It has given some false breakouts. How to avoid false breakout?? No spike in volume Breakouts only happened after 3pm After gap up opening, it couldn't sustain above the levels Entry was not given by the stock as the price never crossed the high of the 15min breakout candle When and where...
Midterm forecast: While the price is below the resistance 3.000, beginning of downtrend is expected. We make sure when the support at 2.250 breaks. If the resistance at 3.000 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: While the RSI resistance #1 at 52 is not broken, the probability of price increase would...
Big Breakout If Gujarat Gas Closes Above 314 Today On 6 Nov 2020 Daily Close Above 335 Can Be Add More Quantity, Target - 425
ONLY FOR SWING TRADERS 210 IS THE OPTIMUM PRICE TO BUY
Continously trading in a small range is an indication of a breakout. A BIG BREAKOUT........... Buy above 850.55 Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a...
Sell reliance with the sl 2200 currenty trading at 2117. Support at 1980. Use this support for target 1. If support one breaks next target 1900. 1900 is the good level to buy again.
Midterm forecast: 2.200 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 2.200 is broken. Technical analysis: The RSI downtrend #1 is broken, so the probability of continuation of uptrend is increased. While the RSI uptrend #2 is not broken, bullish wave in price would...
Technical Trade - MGL reclaimed 50dma and 200 dma recently and since then it has been well. Currently, the price is around 61.8 retracement and today close looks constructive. Nifty is down 200 points but MGL has closed strong with 233% above average volume. If the price continues to move up with good volume, i will enter between 1058-1065
Midterm forecast: . While the price is above the support 1.550, beginning of uptrend is expected. . We make sure when the resistance at 2.250 breaks. . If the support at 1.550 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: . While the RSI downtrend #1 is not broken, bearish wave in price would continue. . A peak...
Today Adani Gas Ltd has decisively given a bullish breakout pattern and has closed above its 50days EMA.
A Falling Angel. Gail was a GEM which turned into a coal.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.90). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NATURAL GAS is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...