Stock coming out of consolidationStock was consolidating and correcting after a good run. Now the stock is showing signs of recovery and upmove with good volumes. Stock above AVWAP and giving a consolidation breakout
GUJGASLTD trade ideas
GUJGASLTD #TAView #OnlyEducationalStock moving up after taking support around 600 range. Volume growth seen. Need to wait for close above immediate resistance, to see next levels.
BREAKOUT IN GUJGAS LTDBreakout in Gujarat Gas Ltd
Great volume, big breakout candle, no selling pressure.
Also price is taking support on 200 SMA.
Posting a little late :(
Cheers, thanks :)
Gujarat Gas- 20-25% gain expectedCup and Handle breakout in Gujarat Gas with decent volumes. RS is +ve. This could give 20-25% returns.
GUJGASNote:
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...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Gujgas Breakout - Triangle patternGujgas can be trades for a swing. Strong breakout of triangle pattern.
Gujarat Gas - Low Risk SetupEntering here is good for the risk-reward ratio in the trade.
If the stock doesn't break the parallel channel downside, may rise to the levels of 700/730 or even more in the coming days. For exit, follow your risk management every time.
For learning and sharing purposes, not a bit of trading advice.
Please comment with your views.
GUJARAT GAS - BULLISHAscending triangle. Hoping for a bullish breakout in another 15 days. Target of 740-780++. Support trend line is the SL.
Note: For educational purpose only. Do self analysis before you buy.
Increasing ascending triangle breakoutThe following chart shows the consistency in volume with respect to the decrease in price volatility. Bullish overview for the December trading session.
guj gasGujrat Gas: neckline breakout on daily chart n 3hr chart shows upward wedge formation kindly keep on radar above 668 can show 675/680/700 with todays low as sl
Gujarat Gas Ltd - 05.12.2021Gujarat Gas Ltd - 05.12.2021
The stock is trading @ 662 levels
There is a Stochastic Bearish Divergence in Daily Chart
The prices are below ema
Watch out for the price action
One can sell on rise with support @ 676
GUJGASLTD, Gujrat Gas, Buy Gujrat gas making rounding pattern & making Hi-Hi after 28th -Oct 21,
Buy
TP - 760
ST - 620
If you have any query, Please let me know
GUJARAT GAS RS SHOWING STRENGTH
Gujarat gas above all short term moving avg
STOCK starting to outperform the benchmark nifty
INVERTED HEAD AND SHOLDER pattern formation also in the stock
disc : CHART IS FOR STUDY PURPOSE KINDLY CONSULT YOUR FINANCIAL ADVISOR BEFORE TAKING ANY DECISION
GUJRAT GAS LTDThe stock is making rounding bottom kind of pattern and if stock holds 685 level then we can see good up move in the stock in coming days/week/month. please refer chart with marked trendlines for targets. Please do your own study before any trade. I am be wrong at any time.
GUJ GAS SHORT TERM HARMONIC SWING IDEA gujgas ltd swing idea
trade Reason -
1- Bullish Harmonic Pattern
2- trend-line support
3- strong consolidation with high volume
4- fake-out tendency
buy on cmP : 610 TO 640
stop loss at maximum - 584
targets expected - 660,658,699,759,783,+++
Note - before investing pls consider your maximum Risk Aptitude and holding tendency and always trail your sl on cost - to - cost
Keep on Radar for trading purposeDisclaimer : This analysis/strategy is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Bullish on Gujarat GasThis scrip had corrected almost 30% from its recent high and it had bounced back from the 200EMA so there might be some bullishness in this scrip in coming months, in addition to that it had also brokeout from the trendline and there was a good follow up. If this scrip reaches its previous high, this trade will give ~18% return which is great.
