Gujlkali Bullish viewClassic example of Change of polarity.
3 attempts to breach resistance. Finally broke it on 4th attempt.
Long above 486 can give 490/496
GUJALKALI trade ideas
GUJALKALI GUJALKALI (D):- 468.65 CMP, Looks good for more upsides :)
1) Breakout Done + Reversal sign :)
2) Volume Breakout
Breakout in Gujarat Alkalies & Chemicals...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
Watchout for Resistance breakoutThe stock looks good above 489 for a positional target of 530. I had posted it's weekly chart previously too.
Gujrat AlkaliesPole n Flag pattern observed
Breakout level 420-425
Buy at cmp or wait for dip 430-435 range
Sl 395
Tgt 480 520+
GUJALKALIES | DESCENDING TRENDLINE BREAKOUTGUJALKALIES has break out the trendline resistance.
Upside Target- 480
Entry Around- 450
Stop Loss- 400
Timeframe: Positional View
Gujarat Alkalies - CMP: 475The stock has given Wedge pattern breakout on the daily chart with a v.good delivery volume. RSI is indicating a continuation of the uptrend. ADX is also conforming strength in the trend. We can expect price movement up to 540 in the near term.
Gujarat Alkalies - 2yr H&S BreakoutSL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
GUJALKALI Bullish Trend AlertGUJALKALI:-
1, flug formed and brekout current trend
2. next trade 480 to 485 level price movemetum next target 548 100 expecttation level
Gujarat Alkali - Above 445 - for target of 485 and 500+Gujarat Alkali - Above 445 - for target of 485 and 500+
