Gujarat Gas consecutive Inside Bars on the monthly chart. Price has been consolidating in a range between 450 and 530. A decisive close above 530 could lead to a move to 600.
X/2 entry can be taken in Gujarat Gas can be taken above 560 closing. Second X/2 entry or compounding can be done above 580. The targets for Gujarat Gas will be 619 in the medium term. Long term target for Gujarat Gas will be 676. Stop loss can be kept at closing below 481. Gujarat Gas has shown increase in net profit margins, the company has low debt and it is...
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
All the key levels are mentioned in chart with Stop-loss and Targets.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
