MONTHLY CHARTS AND DAILY CHARTS OF GUJ ALKALI IS LOOKING GOOD AFTER BREAK OUT, HOWEVER WEEKLY CHART IS CREATING CONFUSION. CAN WAIT FOR A BREAK OUT CONFIRMATION IN THE WEEKLY CHART - THEN ONE CAN BY THE STOCK.
CAN BUY AND HOLD UP TO Rs 100
DOUBLE BOTTOM PATTERN OBSERVED CLOSE ABOVE STOCK'S ALL TIME HIGH WILL LEAD TO FURTHER BULLISHNESS *FOR EDUCATION PURPOSES ONLY
TRIANGLE PATTERN - BULL BREAKOUT ONLY ABOVE 390 HOWEVER ONE CAN ENTER WITH SMALL QUANTITY AT THE LOW OF DYNAMIC RESISTANCE *ONLY FOR EDUCATIONAL PURPOSES
DESCENDING TRIANGLE PATTERN IS BEING FORMED IN THE STOCK THE VOLUMES HAVE SEEN INCREASE COMPARED TO PREVIOUS MONTHS. A CLOSE ABOVE 100 WILL PUSH THE STOCK FURTHER INTO BULL RUN
* FOR EDUCATIONAL PURPOSE ONLY THE STOCK HAS FORMED A DESCENDING TRIANGLE PATTERN READY FOR BULL RUN ONCE MONTHLY CLOSE ABOVE 45 IS ACHIEVED
*THIS IS ONLY FOR EDUCATIONAL PURPOSE THE MONTHLY CLOSE ABOVE 580 CAN TRIGGER THE STOCK TO MOVE UP FURTHER - BULLISH BREAKOUT POSSIBLE READ THE FUNDAMENTALS FOR BETTER FORECASTING