Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Confluence: 1. Moving Average 2. Break of Structure 3. Fibonacci golden level 624-630 are the demand zone levels. Once price reaches the zone, wait for candlestick confirmation and break of structure in retracement trend.
There can be an easy move in NSE:GUJGASLTD of 15 points either side, more chance on the sell side
Levels are mentioned on the chart for the short and long term as well . Trade with given levels . Follow for more in the future.
Gujarat Gas has been following the uptrend and taken a crucial support from it's moving average. RSI is now moving upwards from level 30 and MACD has given a crossover. Keep an eye on this counter.
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
NSE:GUJGASLTD Possible bottom formation. Broked out of falling wedge and EMA with good volumes along with Bullish divergence.
NSE:GUJGASLTD falling wedge mostly give upside brkout. wait for TrendLine to brkout for confirmation. also .382 retracemet o Daily time frame. #the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
Guj Gas - Looking good above 635 (closing basis) positional. Tgts are open. Long term bet.
NSE:GUJGASLTD Only for information and education purpose
Tested the support now time to go sideways to uptrend both the ways it will give atleast 2.5 - 3 % buy at 625 target 2.5 - 3.5 % plan your R:R ratio and don't try to hold for more profit once you get 2.5- 3 % then exit position Its for Swing trade not for investment !!!!
gujarat gas chart analysis for intraday and swing trading
A flat opening on Monday can trigger some short covering.. Favorable RR
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.
#Watchlist #GUJGASLTD (2 hours): -687.5 CMP, with support If 680 holds, then 730/800 is on the way :) #Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions. #Stocktowatch
Gujrat gas breakout in 1 hour TF. looks suitable for Swing traders with SL below 690.