GUJARAT GAS LTDLong
Channel BO and moving up
Updated
Guj Gas has broken out of channel few sessions ago..If the broader market is steady this stock has potential to reach 770. Look at it from a positional trade ( at least for whole of June) point of view. Not for short term or intraday.
Target 1 - 631
Target 2 770
All targets are marked by blue horizontal line
Please do your own research before trading. This is not an advice.
Target 1 - 631
Target 2 770
All targets are marked by blue horizontal line
Please do your own research before trading. This is not an advice.
Note
target 1 complete..CMP 642Note
Guj Gas went up to 786 before pulling back to 738 (CMP) - it is a 25% move...if anyone had taken positions like me, he would have made some money. Expect more upside ( especially if market maintains this bullishness)...800 + levels..I mentioned initially think long term for this stock.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.