Gujarat Gas Long

GUJARAT GAS LTDNSE

Description

⋅ Sep 21, 2021 5:24 PM

This stock is correcting for a while. Today it seems a lot of short recovery and heavy quantity has been traded with high delivery percentage.

Trend Analysis Chart Patterns

Comments

Ashujiwarajka

⋅ Sep 22, 2021 4:32 PM

now what are your view on this stock, it has fallen again...can it rise from this level??

jinendragupta

⋅ Sep 22, 2021 5:00 PM

@Ashujiwarajka, Probably yes it may rise from this level. It might touch again 780 as it has corrected itself for 61.8% between the range of May Low and August high; which in my experience is a crucial support. How ever it looks like immediate reversal might not be possible, lets see.