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GUJARAT GAS - Strong bullish BO: Expecting 30% ROI!
Overview & Observations :
1. Moving up from the 50% Fibonacci support level.
2. Volume Confirmation: Good volume on the breakout candle.
3. Price structure indicating upward momentum. Forminh HL-HH
4. Good rejection candle in W tf means, buyers are strong and dominant.
5. The RRR (Risk:Reward Ratio) is favourable.
6. Steady earnings growth, with good quarterly results potentially triggering a strong move.
Trade Plan:
- Entry: At CMP around 600
- Stop Loss: 10-15% below the entry on closing basis.
- Target: Aiming for a 50% upside potential and TP
- Stay updated for further insights and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
1. Moving up from the 50% Fibonacci support level.
2. Volume Confirmation: Good volume on the breakout candle.
3. Price structure indicating upward momentum. Forminh HL-HH
4. Good rejection candle in W tf means, buyers are strong and dominant.
5. The RRR (Risk:Reward Ratio) is favourable.
6. Steady earnings growth, with good quarterly results potentially triggering a strong move.
Trade Plan:
- Entry: At CMP around 600
- Stop Loss: 10-15% below the entry on closing basis.
- Target: Aiming for a 50% upside potential and TP
- Stay updated for further insights and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Catatan
D TF Catatan
AR LABS ⚡️
Official TG Channel: t.me/arfxlabsofficial
Official TG Channel: t.me/arfxlabsofficial
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
AR LABS ⚡️
Official TG Channel: t.me/arfxlabsofficial
Official TG Channel: t.me/arfxlabsofficial
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.