NSE: RITCO is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 15% to 22% gain on...
Custom index created by top M.cap companies in gas distribution sector with Adani total gas, GAIL, Gujgas, IGL, Petronet. Trendline breakout. Petronet already made ATH.
cmp 430 buy upto 400 target 450 / 460 / 470 / 480 / 500 cbsl 390 1) triangle pattern 2) strong support 3) value addition 4) at good numbers Regards... Keshav... 03/10/2023 Disclaimer. I am not a SEBI registered advisor. All views shared on this channel and group are my personal opinions shared for educational purposes .. Good Luck 😉
Stock has given a thrust out of the triangular pattern and reversed back, regaining it's long term moving average of 200-EMA. Stock has given a breakout of the falling trend line and broken the highs of past 1 year. These observation suggests that pices are likely to move higher towards 700 in the coming months.
GUJGASLTD - Weekly breakout with nice price action and clean triangle breakout - Decent fundamentals and a good swing trading opportunity with a upside of 30+ %
Gujarat Gas Limited (#GUJGASLTD) is a leading player in the natural gas distribution sector. With a strong presence in Gujarat, it plays a crucial role in supplying clean and efficient energy solutions to industries and households. Shunted on Weekly basis In Q1 RRG
Here are the levels to look for GUJGASLTD Took support near previous ICMC 431 On the upside we look for 453.20 / 460 .20 / 465.30 / 467.45 Support 408.30 - 414
Gujarat Gas Limited (#GUJGASLTD) is a leading player in the natural gas distribution sector. With a strong presence in Gujarat, it plays a crucial role in supplying clean and efficient energy solutions to industries and households. Shunted on Weekly basis In Q1 RRG
buy based on resistance breakout theory looking for target 431-436 range stop as per comfort dislcaimer = trade @ own risk
Company with 0 Debt , 1200cr Cash balance, has good MTM 1000cr+ profit in investments made, and even at lowest Operating profit levels the company can generate around 600cr Free cash flow Target - 230 to 240 +ve triggers - China Urea Ban, Buyback/Dividend (Since cash bal is >1000cr)
Some important levels on the chart. It is likely to follow uptrend with a sL of 450 on closing basis.
The price moved in a 5 wave up. This could be a probable Leading Diagonal of the fresh move that started. Risk Reward looks favourable for buying near the zone and we would look to buy the scrip for at C / 3 up. Invalidation point 453. Lets see how this develops. Please note these are personal views and we are sharing as we find it an interesting idea and may...
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.
NSE:GUJGASLTD - stock moving up with high volume which is almost 9.9m highest after one year, as per Elliott wave theory stocks looks in correction in daily/weekly TF, but in hourly TF looks bullish. There are two possibilities in the ongoing impulse wave which is as followed. Pos 1 - can be impulse move Pos 2 - can be X wave in both the Pos approx. 20 % upmove...
NSE:GUJGASLTD has crossed the 200 DAY Moving Average and we can see it soon hitting : TARGET 1: 510.75 TARGET 2 : 512.75 STOP LOSS: 500.45 Disclaimer: The following information is for educational and informational purposes only and should not be construed as financial advice or a recommendation to buy, sell or hold any stock or investment. Technical analysis...
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 \\Representation: **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...
Textbook Ascending Triangle Pattern. Self explanatory chart.
#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