buy based on resistance breakout theory looking for target 431-436 range stop as per comfort dislcaimer = trade @ own risk
gujarat gas P417 TG 468 SL 400 Better Q result can drive momentum in Gujarat gas. having good risk Vs reward ratio for taking long position Note: onyl for learning purpose, trade at your own risk.
#GUJGASLTD been on Descending triangle pattern but the value is at good support on weekly time. Expecting price to go up from here on #DescendingTraiangle #Bullish
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...
I'm very positive on this company, actually it's infrastructure gas companies. It's my long term investment at least 5 years time frame Yesterday it's results came & also provide conference to share my idea As per t. A. Folling wedge petern form in daily charts Today we can see break out
* Very low RSI * After heavy selling a green candle * Sellers are exhausted and getting absorbed by Buyers Note: This is my personal view and not a trading suggestion.
1) There is gap of 4.5% , 405-387 2) Break trend line 3) Pullback from 0.5% 4) continuous fall with sector
cmp 456 PURE POSITIONAL VIEW major support range 450---440 FALLING WEDGE PATTERN major resistance range 470---480 closing above 480 can do 500--515---530 closing below 440 can test MONTHLY SUPPORT RANGE 400---415 short below 440 for 415 -410 only and then make long position there can buy at cmp 456 also with short term sl 440 closing basis for...
Dear Followers, I hope you're doing well. I wanted to share a brief update regarding the short-term trend of the stock NSE:GUJGASLTD I have been monitoring. Currently, the stock is experiencing a Uptrend in its short-term price movement. My analysis indicates that market conditions and recent price action suggest a period of Increasing in prices. This...
GUJGASLTD may be give 12 percentage Profit, This post not recommended, only for Educational purposes.
Swing Trading Looks like Gujarat Gas can be a potential for long trade. Can be bought after the breakout of the box range.
Hello Friends, Here is another stock am looking for to make position. Because 1. In sector rotation this stock / sector is in red zone means oversold zone so now it has time to come back. 2. In consolidation since long time 3. Triangle pattern which looks to strong break out up side. 4. can be small / short term swing trade for 20-30 points profit. 5. Or Good...
Some important levels on the chart. It is likely to follow uptrend with a sL of 450 on closing basis.
Super short covering expected above red dotted trendline. Keep watching.
Gujarat Gas forms inside candle under weekly chart. Break out / Break down on either side will favour good risk reward for Swing Trader
In the Weekly Chart of GUJGASLTD , we can see that; it is shrinking inside a Symmetrical Triangle. We might see a BIG as it is near W & Cross Trendline breakout.
After long consolidation stock is ready for Upmove 500+ 500 CE OPTION TRADERS HOLD FOR 10 DAYS
price took support at trendline and horizontal support line at pivot level symmetrical triangle pattern MACD rising while price is static price closing above 3 week EMA after 2 months favourable risk reward ratio will it move quick to target? no has to cross multiple resistance levels might take considerable time