Chart analysis:
Pattern: Rectangle pattern is formed when the consolidation takes place.
Breakout: Rectangle pattern is breakout happened on 24-Jan-2024. Price might comes to 770 for re-test of the BO.
Volume: Spike in volume in BO candle indicating big players are interested.
Trade setup:
Entry price: Between 769.45 and 802.85
Stop loss: Below...
GANDHITUBE:- Stock has given breakout on all three charts - Daily, Weekly and Monthly. keep on radar
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
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Wonder Swing trade opportunity in Gandi tubes.
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The Rich Trader
Rohit Sharma
MTech IIT Guwahati
Gandhi Special Tubes Ltd - 07.01.2022
The stock is trading @ 387 levels
The prices are above EMA
There is a HAMMER in daily chart
Let the Hammer high be taken off & Prices go above 401
watch out for the price action
#GANDHITUBE
Gandhi Special Tubes Ltd.
NSE:GANDHITUBE
CMP: 252.85
Target: 278++
Time Frame: <1 month.
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Gandhi Special Tubes
CMP 423
Target 500 plus
Stop 360
Monthly chart.
1) Stock is finally out of a 2 year low volatility consolidation zone.
2) Key oscillators signalling momentum build up.
