GUJALKALI trade ideas
GUJRAT ALKALIES- Breakout RetestGUJRAT ALKALIES, after breaking out from its 1-year trading range is back near its breakout levels, which is a very strong demand zone.
Price and Volume action showing accumulation in this range, expecting the stock to resume up-move, for the targets of 520/645.
Gujarat alkalies looking good Gujarat alkalies if break down we can excep 5 % down fall and it breaks upper side it will become bullish and can except a 10 % upper move
Gujalkali breakout from one year long consolidatio.Stock has been consolidating for 1 year and recently gave a good breakout with volume. Stock has now formed a triangle pattern. Watch out for coming days, can give good return.
Big bull run on the cardsPrice near resistance levels. A daily / weekly close above 434. will fire the stock to immediate target of 470 and short term target of 580
gujarat alkalies, setting up after breakout, trgt 569/750gujarat alkalies, giving opportunity after breakout, for accumulation for trgts of 569 and 750
GUJALKALI, LOW RISK HIGH REWARD OPPORTUNITY. DARVAS BOX BREAKOUTGUJALKALI has given breakout from year long consolidation. It has give 20% UC on Friday and has good potential to move further on Monday.
Targets based on support & resistance analysis on long term charts are 433, 450 & 473. Keep it on radar & lets hope major gap up don't spoilt setup.
Thanks
Piyush Gupta
Learn & Earn
GUJARAT ALKALI MEDIUM TERM ANALYSISSimple Long term trendline Breakout with consolidation. I feel the bullish trend will continue uptill target 1.
Guj alkali breakoutAs Far as 355 supprort is not broken, chart is in the upward breakout area. This breakout is also shown in weekly chart
GUJRAT ALKALI EXPECTED BULL RUN AFTER POSSIBLE RE-TESTMONTHLY CHARTS AND DAILY CHARTS OF GUJ ALKALI IS LOOKING GOOD AFTER BREAK OUT, HOWEVER WEEKLY CHART IS CREATING CONFUSION. CAN WAIT FOR A BREAK OUT CONFIRMATION IN THE WEEKLY CHART - THEN ONE CAN BY THE STOCK.
OUTLOOK ON GUJALKALIThe stock has been consolidating from long time. An Risk taker can enter at CMP with sl below 320 safe traders can enter above 390 closing basis NSE:GUJALKALI for the targets 440-475-500-550+
Gujarat Alkalies - Long TermReason to Buy & Hold stock:-
1. Stock has taken Support
2. Breakout
3. Above 50 EMA
4. Rounding Pattern
5. Volume is good
Note: Please put the stop loss as per your risk appetite & trail the stop loss.
#GUJALKALI #SHORT TERM INVESTMENTWait for retracement entry... Sl is around 300rs, tgt is 600rs
Volume supported breakout
Gujarat AlkaliesRisk Disclosure
My idea is for educational purpose.
Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites, Derivatives, commodity and Currency can be substantial. These are leveraged products that carry a substantial risk of loss up to your invested capital and may not be suitable for everyone. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Please ensure that you understand fully the risks involved and do invest money according to your risk bearing capacity. Investment in markets is subject to market risk. Hence I am not liable for any losses in any case.
Gujarat alkali!!!! huge volume breakoutlong consolidatio...breakout with huge volume,,,rsi showing strength
relative strength positive!!!
entry near 390-385
sl 350
target1 455
view 3 months min!!!!
GUJARAT ALKALIES Broke out and wont stop now!
Observations well explained on the Chart.
I see an upside in NSE:GUJALKALI and waiting for retest of the Support which was the former resistance area.
Hope to see it does what I made in the chart.
It has ended its correction phase and entered a long term bullish outlook.
Predictions are merely for education purposes. No Trading Advice whatsoever in this profile.
