GUJGASLTD trade ideas
GUJARAT GAS LTD - INVESTMENT PICKBig Breakout If Gujarat Gas Closes Above 314 Today On 6 Nov 2020
Daily Close Above 335 Can Be Add More Quantity, Target - 425
GUJGASLTD - Positional buyBreak out is seen in the stock in the Day and weekly time frame.
Stock is at ATH and can be a good pick for the positional buy.
Gujarat Gas, Long above 330 for target of 375Gujarat Gas is struck in a box range. Beyond that it can move to 375 followed by 400.
Stoploss = 305 (on closing basis)
Gujarat Gas LongBreakout of the major resistance of 330 with significant volume.
Trailing stop loss for short to mid term >>>> Breakdown of EMA 20
GUJGASLTD- LongNSE:GUJGASLTD
We have a long oppurtunity with GUJGASLTD. Details as mentioned in the chart. Watch the area around the line for reversal.One can take Lower Time frame entries to reduce risk further.
T1/T2/T3 are targets.
All the best, Y'all!
Breakout TradeGujart gas verge breakout after long time channel consolidation
Buy @335 and sl #323 target is 370
Gujrat Gas- Box Breakout.All time high Soon? This Stock has been consolidating near it's high's since July and created a box in simple terms and in other terms created a DARVAS BOX.
Weekly Chart For the reference.
If we look at daily charts it has been visible that since past few swings it is trying to make higher lows. and along with it if we look at today's volume it is very much visible that volume is fueling up. I made a price action too to understand the entry.
Question should be why it should pause ?
Answer is if it will accumulate and break then it will break big and can give us target of a potential 14% as shown with green marking & it will give us a stop loss too.
Hope it helped in understanding.
Keep an eye folks. Cheers and Happy Trading.
Please look at other ideas too for better understanding.
Gujarat Gas #GUJGASLTD consolidating in a range since long. Breakout would move the script higher,..
GUJGASLTD Channel GUJGASLTD is trading a parallel channel, either side can be traded if penetrates key levels as plotted.
GUJARAT GAS ltd. , LONGA strong demand zone is created in 280-86 zone, from where the there's a possibility of trend reversal.
Disclaimer : This is purely for educational purpose. I don't provide personalized recommendations as to whether this stock/investment approach is suited to the financial needs of a specific individual.
GUJGAS - SHORTIt seems that Gujrat Gas has closed below the support line. Need to check whether it is false breakout and open on 4th Sept 2020 to understand the trend.
This is just a personal view and any further analysis required should be carried out at your end or consult with your financial analyst.
