Gujrat gas Cmp 465 Reversal from SupportGujrat gas Cmp 465 dated 18-7-2023 1. Reversed from Support. 2. RSI Reversal Buy above 466 target 475-485-495-505 SL 455 It is just a view, please trade at your own risk.GLongby SHEETAL_UDESHI15
Super bulishLast time we discuss about this charts,@ levels of 470/480 , clean n clear told 450 is bottom as per my calculations. Today confirmation coming, Now short term trader's also jump in this trade as well as investors Very small stoploss today's low Longby MurtazaLokhandwala0
Gujarat Gas Symmetric Triangle Break O Gujarat Gas Symmetric Triangle Break Out, Short ExpectedShortby mmahen32650
Guj Gas Sym Triangle FormedGuj Gas Sym Triangle Formed Expected good rally Waiting for the BO level 520 Big Move onLongby mmahen32651
Gujarat Gas: Breakout or Breakdown LoomingGujarat Gas has been trading in a narrow range of 454 to 506.60 for the past 6 months. The stock is currently at 476, which is near the middle of this range. A breakout or breakdown from this range could help the stock to gain momentum and move in either direction. A breakout would occur if the stock were to close above 506.60. This would signal that the bulls are in control and that the stock is poised to move higher. A breakdown would occur if the stock were to close below 454. This would signal that the bears are in control and that the stock is poised to move lower. The current trading range is likely to be a result of a number of factors, including the recent volatility in the stock market and the uncertainty surrounding the global economy. However, if the stock were to break out or breakdown from this range, it could provide investors with a good opportunity to enter or exit the stock.by tradetoexplore0
BulishLook at the all gas stocks are firing except this? I can see Accumulation on this stock @ 450 levels Very lower risk of down side Put a stoploss of only 450₹ @ hold tight, my target of this stock is 580/650/700Longby MurtazaLokhandwala116
GUJGASLTD - Weekly AnalysisIn the Weekly Chart of GUJGASLTD , we can see that; it is shrinking inside a Symmetrical Triangle. It has made a Big Decision making candle . Enter on breaking its High with low as SL.Longby JatinManani6
GUJGASLTD's Trendline Support and RSI DivergenceIn this post, we will conduct an analysis of GUJGASLTD's chart, focusing on the approaching trendline support, RSI support, and the potential for a short-term bounce. By examining these technical aspects, we aim to provide insights into the stock's current situation and the potential for upward movement. Let's delve into the analysis and explore the situation. Chart Analysis: Upon reviewing the provided TradingView chart for GUJGASLTD, we can observe that the stock is approaching a trendline support around the 460 level. This support level indicates a price level where buyers are expected to enter the market, potentially leading to a bounce in the stock's price. RSI Support and Divergence: In addition to the trendline support, we can also observe that the RSI (Relative Strength Index) is showing support and a clear divergence. The RSI is an oscillator that measures the speed and change of price movements. The presence of support and divergence suggests a potential reversal in the stock's price momentum. Short-Term Bounce Potential: Considering the approaching trendline support, RSI support, and the presence of divergence, there is a potential for a short-term bounce in GUJGASLTD's stock price. The bounce could potentially drive the price up to around 510. However, it is important to exercise caution and wait for further confirmation before entering a trade. Complete Test and Daily Chart Confirmation: To increase the probability of success, it is advisable to wait for a complete test of the trendline support in the range of 458-460. This test will help validate the strength of the support level and confirm the potential buying opportunity. Additionally, traders should wait for a green signal or bullish indication on the daily chart, such as a bullish candlestick pattern or a positive crossover of moving averages, to further validate the potential upward movement. Risk Management: Implementing risk management strategies is crucial when trading or investing. Setting a stop-loss level helps limit potential losses in case the anticipated bounce does not materialize as expected. In this case, a suggested stop-loss level of 430 can be considered, but individual risk tolerance and the support levels on the chart should be taken into account when determining the appropriate stop-loss level. Conclusion: Based on the technical analysis, GUJGASLTD's chart indicates the approaching trendline support at the 460 level, RSI support, and the presence of divergence. These factors suggest a potential buying opportunity and the potential for a short-term bounce in the stock's price, with a target around 510. However, it is crucial to wait for a complete test of the support level and obtain further confirmation on the daily chart before considering a trade. Traders and investors should consider these technical factors alongside other fundamental and market-related information before making any trading decisions. It is advisable to consult with a financial advisor or conduct further research before making any financial decisions. Disclaimer: The information provided in this blog post is for educational purposes only and should not be considered as financial advice. Trading stocks involves risks, and past performance is not indicative of future results. It is advisable to consult with a financial advisor or conduct further research before making any financial decisions.Longby yaashul2
Gujrat gas breakoutBuy above high of breakout candle at 501.05 stoploss at 489.45Longby PSYCHOLOGY_BREAKOUT_TRADERUpdated 5
Breakout expected in Gujarat Gas Ltd Please give some more time .....once it breaks important levels enter ASAPLongby ArunroyappanUpdated 1
GUJARAT GAS LTDThis is no doubt a fundamentally good company trading at its low while its peers are trading a their higher levels. So it can be strongly assumed that this stock may perform in the upcoming time. Reasons for which GUJARAT GAS seems to be bullish on charts at least for short term: 1. Trend line support is been taken since the beginning of the month at Golden Ratio of the previous up trend. 2. A Bullish candlestick pattern has been formed. 3. The time cycle of 29 days (plotted as vertical dashed lines & rectangular boxes) indicates a reversal. 4. Risk Reward ratio is good. The target seems to be at 504-520 with a minor hurdle at 486. SL remains to be 451 on closing basis. CHART & ANALYSIS ADARSH KUMAR DEY Longby AdarshDeyUpdated 119
GUJRAT GAS BRAKEOUTTTTTTTTTTBUY above high of brakeout candle with 1:2 minimum take profitLongby PSYCHOLOGY_BREAKOUT_TRADERUpdated 3
GUJGASLTD 1dtf stock is at resistance Gujarat gas ltd 1dtf Beautiful pattern Stock is at major resistance it may breakout or reverse plan accordingly by narendranmohan041
LD to start withThe price moved in a 5 wave up. This could be a probable Leading Diagonal of the fresh move that started. Risk Reward looks favourable for buying near the zone and we would look to buy the scrip for at C / 3 up. Invalidation point 453. Lets see how this develops. Please note these are personal views and we are sharing as we find it an interesting idea and may even look into trading. This in no way is a Buy/Sell recommendation. Please consult your financial advisor before taking any decision. by riskOmeter5
GUJGASLTD | Sharp triangle breakout ahead - Potential for 50%GUJGASLTD | Sharp triangle breakout ahead - Potential for 50% CMP : 491 SL : 440 Target : 725 1:5 risk reward setupLongby srikartiram10
Bullish on Gujgas LTD Looking bullish above 490 SL 460 Target 580 Disclaimer - This is only for educational purpose Longby bishnoiop3
GujgasLTD Bearish OpportunityOn 2 hours timeframe it shows double top and max OI call righters. It can be good chance to take entry once it complete full solid red candle today. GShortby apstockidea1
Gujarat Gas - Potential break out after consolidationPosted for educational purpose. Gujarat Gas is in consolidation phase for 6 weeks, It kind of broken out of range earlier this week and is again having pull back to support zone. Idea is for positional long as risk reward is favourable with minor stop loss. Current closing price is 476.65. Suggested stop loss is 461 and perceived targets are 505 and 525. In case it progresses as expected, apply trailing SL of 500 after achieving first target (505) and ride along.Longby JKP_Trader3310
GUJGASLTD Possible symmetrical triangle breakout expectedStock Idea -GUJGASLTD is trading near trendline and formed symmetrical triangle. Value buying will be soon seen as Volume spike is on daily, weekly chart. Good to add at the level or above 500.Longby TradeForReward1
GUJGASLTD long for short termNSE:GUJGASLTD - stock moving up with high volume which is almost 9.9m highest after one year, as per Elliott wave theory stocks looks in correction in daily/weekly TF, but in hourly TF looks bullish. There are two possibilities in the ongoing impulse wave which is as followed. Pos 1 - can be impulse move Pos 2 - can be X wave in both the Pos approx. 20 % upmove possible.Longby Ajay7871331
Gujarat Gas Full price action explained I daily make educational content videos for swing / positional trading Long09:27by Averoy_Apoorv_Analysis8838
#GUJGASLTD buy at current price for target of 477 / 485#GUJGASTD is forming a pole and flag pattern in its hourly chart. 485 can be seen in the short term if it crosses 477.Longby sapan17Updated 0