GUJGASLTD trade ideas
GUJARAT GAS - Multi time Frame Analysis 1hr + 1 day
INDICATORS USED:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
H/Blue Candle: Selling Divergence
L/Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Gujarat Gas LtdFlag Pattern
If this sustains 571Rs then we have to enter.
.
.
Redline is SL and Greenline is Target.
.
.
Note: Do your analysis before taking any action and take responsibility for your action.
Gujrat Gas Looks Good!!!GUJGASLTD : cmp: 549.9
A C & H kind of pattern has been formed in D chart.
Bo possible above 551.3
Stock from current lvl might move towards 600
So keep on radar !!!
TGT 565.25/578.55/591.35
Intra Sl 535
Sl 518.65 clbs
Option : April 550 CE
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
[Turtle] GujGas Strangle IdeaSell 490PE and 520CE. My 520CE is already executed today. Not assuming a huge move before expiry.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
=======
I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
=======
I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
=======
Gujurat Gas Limited weekly analysisThe 5 could go further up. the 566 level
will confirm if our 5 is confirmed to be placed
upwards, otherwise we are in a correction.
Guj Gas- BuyStock has bounced back from the demand zone. One can buy with a SL below the highlighted demand zone on closing basis.
Gujrat Gas -Fibo Along with Emas Stock has corrected to 61.80% Also near 50 EMA in 2 hrs Timeframe 417.
20 daily ema is nearby 410.
Buy only if there is a reversal candle near 410-420 level with sl of 397.
The Indicator Used:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Inverted head and shoulder developmentThe stock is making an inverted head and shoulder pattern and looks good above 375.6 level
