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...
Stock Idea -GUJGASLTD is trading near trendline and formed symmetrical triangle. Value buying will be soon seen as Volume spike is on daily, weekly chart. Good to add at the level or above 500.
#GUJGASLTD
Beautiful Wedge Breakout soon keeping Gujarat Elections on mind
Enter above safe Levels only
Good strength in stock
Happy Trading !!!
Keep Loving, Sharing & Following for more Learning
NSE:GUJGASLTD
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called...
Strong stock that is close to oversold on the monthly and weekly. Currently sitting in a strong demand zone.
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Not investment advice. I am only sharing what I see and understand.
How you take this trade is up to you!
Happy Trading!
Gujarat Gas Ltd - 25.02.2022
The stock is trading @ 600 levels
There is a RESISTANCE @ 615 levels
There is a BULLISH HARAMI in Daily Chart
Stochastic is oversold in Daily Chart
The prices are below EMA
Let the prices go above 631 (Fib Levels) for a fresh buy position
watch out for the price action
Gujrat Gas: neckline breakout on daily chart n 3hr chart shows upward wedge formation kindly keep on radar above 668 can show 675/680/700 with todays low as sl
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.
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For positional...
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...
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.
![GUJGASLTD: Simple Trade Setup|GUJARAT GAS|01-11-2021[POSITIONAL & INTRADAY]](https://s3.tradingview.com/a/AApuPONI_mid.png "Simple Trade Setup|GUJARAT GAS|01-11-2021[POSITIONAL & INTRADAY]")
![GUJGASLTD: Simple Trade Setup | GUJGASLTD | 20-09-2021 [intraday]](https://s3.tradingview.com/e/e5VfJPir_mid.png "Simple Trade Setup | GUJGASLTD | 20-09-2021 [intraday]")
