Gujgas can be trades for a swing. Strong breakout of triangle pattern.
Ascending triangle. Hoping for a bullish breakout in another 15 days. Target of 740-780++. Support trend line is the SL. Note: For educational purpose only. Do self analysis before you buy.
NSE:GUJGASLTD Observations: 1) On daily time frame, we can see it take good support from 200DMA and bounce back. But still in the downward parallel channel. Breakout of parallel channel will make it in up trend. We can see major resistace at 640 level. Please refer below chart : 1day Time Frame. ------------------------------------- For positional...
Levels are mentioned on the chart for the short and long term as well . Trade with given levels . Follow for more in the future.
BSE:GUJGAS I am posting it, on request from one of the follower. Observations: 1)On Daily Time frame: Today, 17-09-2021, it gave bearish red candle. Since it open today it faces resistance from 685 level and good thing is that it closed above immediate support 660 level. Breakdown of 660 level will lead it to 653 level and breakdown of 653 it will lead to...
Keep it on radar. Flag pattern has formed. Can Buy after breakout.
After consolidating for three months the stock has given a good breakout from the box channel. Good volume has been added. The stock is fundamentally good. Target duration - (3 months)
GUSJGASLTD is trading @ 710. The stock will hit 745 zone very soon. Then we can see a higher low from the PRZ are. Play both the side. Trade with RISK Management.
NSE:GUJGASLTD Buy near 680-690 SL 655 closing base T 740,770,805
Gujarat Gas Consolidation Broke-out. small correction may come but can see new heights in coming weeks. Buy levels: 626-680 Targets: 710, 760 Support: 621, 578 Invest Wisely! Good Luck! *** You can also see my other stock analysis and the results in my profile ideas. Please follow me , If you would like to see more ideas on winning stocks. *** ...
Gujarat gas Gave good breakout with nice volume and convincing candle. Results were good. Delivery quantity had been good since last three weeks, showing buyer's interest. ... Trading at ATH levels. Buying on every dip. ***Kindly do your own analysis. I am not responsible for your profit or loss****
So I am taking this trade on my basic 'Atleast 3 reasons to take a trade rule'. All of these reasons are based on technicals and indicators. Reasons --------------------- 1. Breakout in Daily charts with high volume. 2. Breakout of 0.382 Fibo levels. 3. Both RSI and MACD suggesting an upmove. 4. Share price crossed 20 DMA while being significantly above 100DMA &...
Once breakout happens and it is confirmed, go long Good upside possible
On the verge of breakout. Volumes are good too. CMP: 324 Target: 360, 430