GUJGASLTD trade ideas
Breakout and Retest in GUJGASBreakout and Retest done in GUJGAS
Entry: CMP (527)
Target - 577
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
BUY VIEW GUJRAT GAS LIMITED
It looks like the price has given breakout and retested it's support of 503 successfully.
We may see an upward side in this stock in upcoming days.
BUY NOW
SL - 503
TARGET - 541 / 579
THIS IS JUST A VIEW. YOU SHOULD DO YOUR OWN RESEARCH WHILE DOING INVESTMENT OR TRADING
GujGas Down Trend | Short tradingIf we see it overall making lower low and lower high in week time frame and day time frame
- but there sub trend is going on higher high and higher low so it has finished its mountain climbing but now its time to down step for few days
- it looks good opportunity now for PE buy option
happy trading
swing traders keep a eye on this stockNSE:GUJGASLTD
let see the price action = trend line breakout + cup & handle pattern formed
1 target will be 580
fix you stop loss as per your R:R
tell your opinion in comment.
GUJGASLTD | 200 EMA + Trendline support + Small momentum - 50%GUJGASLTD | 200 EMA + Trendline support + Small momentum
Perfect trend reversal - Has good room to capture 50%
Gujarat gas trend changeGujarat gas forming lower highs and lower lows for a 9 month period.. now trying to change trend.While i type this its moved from 499 to 504. Buying here will give a target of 575+ in coming days 455 sl.
Gujarat Gas Ltd for positional trade with good risk and rewardI am sharing chart of Gujarat Gas,
The chart is on weekly time frame.
For positional trading we can consider this stock for a target of 563
with a strict SL of 470 (on weekly closing basis).
Risk is of just 20 points and reward is around 70 point.
I have used XABCD pattern to identify the possible next swing or you can say target.
The stock is trading above point B and it should reach point D which is at 563.20.
What To Do On Gujarat Gas Gujarat What To Do On Gujarat Gas! Best Time To Buy Gujarat Gas! Gujarat Gas Technical Analysis
Hello Everyone I am Mr.Sardar, Here is my Technical Analysis about Gujarat Gas!!! This Analysis only for Educational purpose, Invest in your own Risk!! If you find it helpful please like it , follow me for more updates ..
Buy Gujarat Gas at Current Price or below 477 , 480 🎯🎯 Target 518 Above
GUJGAS Ltd.The chart is self-explanatory.
upside potential > 15%
TREND ANALYSIS + BREAKOUT + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
GUJGASLTDGujgasltd ent abv 491 tg 500/540/575 ignor below 478 just education purpose only no recommendation buy or sell
[Positional] GUJRAT GAS LONGGujrat Gas has broken the major resistance zone today also it has come out of Rounding Bottom formation. Its really a great cndidate to go long on.
Entry :- 490 (Take it asap trade active.)
SL - 459
Target:- 573
R:R :- 2.69
Target should be achieved within 2-3 months.
GUJGASLTD LONGGUJARAT AS LTD STOCK is near its trendline and resistance.
If candle breaks it and sustains above it you can go long only after doing your own analysis.
ONLY FOR EDUCATIONAL PURPOSE..!
Secret breakout pattern.Please do not trade based on my opinions they are not set in stone. I just have high RR but poor accuracy and I am completely open about it. This is just me keeping log of the trade I took and not a trade recommendation. The previous swing high only gives me 1:5 RR which is not my ideal RR as I gun for 1:10. Let's see what happens when it hits target, I might trail SL to BE and let it ride till it goes 1:10.
Trade logic:
Market often probes for liquidity clusters and then gives a sharp momentum bursts that lasts for 3-5 days. You don't always have to buy a breakout after the break of upper range, sometimes failing to break the lower is just as good an entry point. The tradeoffs here are low accuracy in return of high risk-reward ratio + small holding period.
Please do not trade on the back of this just learn how to mark the levels, how an ideal entry point can be found and increase the RR of your trading system.
Happy Trading!😉
Break of support and bounce backs are the best and I strongly recommend you learn from them.
Follow me if you want learn how to trade with a different outlook. I have back tested indicators, trading systems that only rely on logic rather than traditional technical analysis.
GUJARAT GAS CMP 480 dated 12-8-2022GUJARAT GAS CMP 480 dated 12-8-2022
1. Channel BO @ 485
Buy for a tgt of 500-515-535-550-570 SL 450
It is just a view, pls trade at your own risk.
Would you preempt or wait for breakoutGujgas is facing resistance in the price range of 470 - 480.
Next week is crucial for Gujgas and any test of 470 will be trigger to buy this stock for the Target of 540 in the coming weeks.
The Trade plan can be buying 25% position right now and then scaling up as the stock moves in your direction.
The stoploss for this swing trade can be placed at 440.
GUJGASLTDCMP: 480
- Closed above 50 EMA
- I expect the stock to trade near 200 EMA in the coming days
- Favorable Risk Reward
Breakout in GUJGASLTDBreakout in GUJGASLTD
Entry: CMP
Targets: 575
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
GUJ GAS Support Resistance Polarity Gujarat Gas
Closing above 480 can open room for 540 and then 575
What is support resistance polarity?
It is when a support broken becomes a resistance; similarly when a resistance is broken becomes a support
Pointed arrows for Reference
Gujgas CMP 470.5 buy for target 510- 550- 580- 620- 650-700+ tiGujgas CMP 470.5 buy for target 510- 550- 580- 620- 650-700+
time duration 5-8 months
GUJGASLTD ascending channelNSE:GUJGASLTD
#NSE:GUJGASLTD formed ascending channel, high chances to bounce from support.
Medium to long term.
Happy LEarning !!
