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.
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
*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