When a cup and handle formation made one can trade for breakout of handle .
#Gujarat alkalies cash - Positional 06.09.2022 Looks good around 925-940 in dips Stoploss 880 Target 1040/1100/1200 Cmp 958
19/05/2022 GUJALALIES CMP:814.35 Target:880-955-995 SL:735 Information is only for study purpose
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Gujalkali made flag n pole pattern on smaller time fram with decent volumes & its breakout confirms above 1020. Could be bought with mentioned stoploss & targets.
1000 target hit best breakout NSE:GUJALKALI finding this stock at 400 just in 7 month
NSE:GUJALKALI Fresh breakout with volume picking the steam!
NSE:GUJALKALI Flag Pattern break out with high volume, expected returns-27%
Technical charts showing a flag pattern break out on GUJARAT ALKALIS stock. Likely to do 1018+ cmp 952. This is not a trade recommendation and is meant only for learning purpose. Do your own due diligence before investing.
Technical chart of GUJARAT ALKALIS is showing a break out of a flag pattern. Stock likely to do 1018+. This is not a stock buy recommendation. Only for educational purpose. Do your own due diligence before investing.
Good Trendline breakout with W pattern formation along crab structure
NSE:GUJALKALI please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House. All the contents over here are for educational purposes only and are not investment advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures and options. You are also requested to apply your prudence and...
Guj Alkali- Cupn handle breakout >880. Min tgt i.e size of handle Rs 1110. max Tgt Size of Cup. rs 1510 Time frame- 3 mths for 1110 & 1yr for 1500 Delivery Idea, Gud portfolio stock Accumulation zone 800-880, cmp 880 the stock has crossed its 2018 highs by forming a rounding bottom, which is a decent accumulation of 4 years. High conviction
For Educational Purpose..........................................................
Gujrat Alkalies on charts it is clearly visible that the stock has formed a rounding bottom format and the stock is on breakout. This is an academic post and not a buying selling recommendation at all so please take expert advice before taking an investment decision.
NSE:GUJALKALI Aim for 6-8% . It can be easily achievable in 1-3 days. My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2. The reason for booking profit of only 6-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities. It is...
NSE:GUJALKALI Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House. All the contents over here are for educational purposes only and are not investment advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures and options. You are also requested to apply your prudence and...