I AM NOT SEBI registered advisor please consult financial advisor for your investment.
This is only for educational purpose you can also share your thoughts on the comments
**Green dashed line--Supportive line
**Red dashed line--Resistance line
**Black up and down arrow--touches of resistance and support line
In this chart, I can see good...
Inside Bar - 3rd Day
VCP - More than 2 Months
Stock on the edge of compression
Any move above 510 or below 490 will give direction to the stock
Entry only on the confirmation & pullback
Targets are high and open for both sides
GUJRAT GAS LIMITED
It looks like the price has given breakout and retested it's support of 503 successfully.
We may see an upward side in this stock in upcoming days.
SL - 503
TARGET - 541 / 579
THIS IS JUST A VIEW. YOU SHOULD DO YOUR OWN RESEARCH WHILE DOING INVESTMENT OR TRADING
Gujarat gas forming lower highs and lower lows for a 9 month period.. now trying to change trend.While i type this its moved from 499 to 504. Buying here will give a target of 575+ in coming days 455 sl.
The chart is self-explanatory.
upside potential > 15%
TREND ANALYSIS + BREAKOUT + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
Hello, Friend's 🤗🤗This stock is mostly recommended for 15-06-2022 Intraday player's & my 1st pick also for tomorrow. Traders as we can 👀 that what happened with gujgas today. This was trading is triangle whole day. We can expect very excellent move tomorrow. We will buy it when price cross ❌ 449 & substain above with the accurate target🎯 of 452,455.But in case of...
short below 478 in intraday
For stoploss in Intraday use 5 minute chart and see nearest resistance.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapdown or bd before...
Gujarat Gas Limited - 03.06.2022
The stock is trading @ 556.85 levels
There is an Engulfing Bear at RESISTANCE in Daily Chart
The prices are at EMA
There is a HANGING MAN, DOJI in Weekly Chart
Watch out for the price action
everything is mentioned in the chart.
upside potential - 25 to 30%
macd + 100 ema = positive indication
disclaimer - this is only for educational purpose , I am not Sebi registered. before taking any action do your own analysis.
If Breaks Then The Targets can be Taken at 654 and 596 .
Time Frame :- 1 Day
Patterns Name :- Double Bottom
Symbol Name :- Gujrat Gas
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
BTW Like and Follow if you like this awesome content