GUJALKALI trade ideas
GUJALKALI - Weekly AnalysisIn the Weekly Chart of GUJALKALI ,
we can see that; it has given REJECTION for Cup & Handle breakout.
Enter on breaking its high at 695 with SL as 671 and Target as 767.
1:3 Risk can be achieved by booking profits at 767.
Gujarat Alkali Cmp 704 Pennant Pattern BOGujarat Alkali Cmp 704 dated 17-5-2023
1. Pennant Pattern BO @ 710
2. RSI already done BO
Buy above 710 for target 725-745-795 SL 680
It is just a view, please trade at your own risk.
GUJARAT ALKALIESThe chart is self-explanatory.
upside potential > 30%
TREND ANALYSIS + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
GUJALKALIGUJALKALI:- Head and shoulder has formed wait for the breakout till then keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
GUJALKALI - Low Risk high reward tradeA bullish reversal pattern has developed over the past week on GUJALKALI at the demand line. It is clear that the selling volume has been exhausted and the bullish volume is rising. The area where the stock is currently struggling has previously served as a support / resistance zone and has been tested numerous times.
At the current price, we can plan a buy trade that could have a low risk but high reward.
My analysis is solely for study purpose; I am not a Sebi registered individual.
If my analysis proves useful to you, please like it and follow me on Trading View for more analysis like this.
#GUJALKALIOld position:
Can swiftly reach 963
GUJALKALI is shunted and has momentum on lower timeframe
Result:
Now does 969!
GUJALKALI: Breakout soon stockCMP: 910
-Retraced to 61% Fibo level from its recent low in June.
- Sustaining above the same level
- A quick move may come above 930
- The next level to watch is 970
Gujalkali - Symmetric triangle BreakoutGujalkali :
Symmetrical Triangle breakout
Looks good for 1000
Breakout in GUJALKALIBreakout in GUJALKALI
Entry: CMP
Target: 1045
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Gujarat alkaline chemical LtdConsolidation is done Entry at 410 to 425
stoploss 400
TP 1: 470
TP 2: 500
TP 3: 550
TP 4: 600
Trade at your own risk
Watchout for Resistance breakout The stock looks good above 920 for intraday and 930 for positional trade. Positionally it can test 1000 levels again.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management.
I always encourage partial booking 1-2% profits and use a strict trailing stop loss.
Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
Fundamentally strongBreakout above 470 sl 425
Target
1)500
2) 525 ... Above 525 if sustain 600+ 700+ time frame 6month to 1year
Gujarat AlkaliGujarat Alklai ready for breakout
Above 713 > stock can jump 5-10% for 3-6-9 timeline tgt
Can't get better than this - GUJALKALIFundamentals - Caustic Soda demand and prices firm. Likely to remain so for next 2 qtrs. Westlake stopped production in US which will immensely benefit this company.
Technical - At strong weekly trendline support. Fevicol point.
Has Gujalkali bottomed out?Stock has reached a good support...........confluence of yellow pitchfork median, white channel median, strong S&R and E89 band support
GujAlkali - Ascending Triangle breakout viewGujalkali :
Currently at Good resistance
Looks ready for Ascending Triangle breakout
Long above 922 with SL 910
Gujarat Alkali - Ascending Triangle Breakout RetestWhen Broader Markets / Index as such is in correction mode , there are some stocks which are much stronger than the index. These stocks are said to show high relative strength! Gujarat Alkali is currently showing high relative strength in such volatile markets
Stocks would not move in a straight line , instead they go up , come to test the breakout level & again start their upward journey!
Pattern Name : Ascending Triangle Breakout Retest
Support Level - 950 Levels
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalGUJARAT ALKALIES
Stock recently give Darvas Box breakout & after testing its recent high now retracing
Buy near 950-955
SL 880
Positional targets 1100/1150/1200
PARTIALLY PROFIT BOOKING STARTS FROM 1000
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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A flag and pole pattern breakout on daily time frameEntry - Above 975 on strict closing basis
Stop Loss - 857
Target - 1150
One can expect 15-20 % upside in this stock for next one month, if market is trending upwards.
