TradingSutra

GUJRAT GAS: Bullish Reversal candidate

Long
BSE_DLY:GUJGAS   None
Stock has given a thrust out of the triangular pattern and reversed back, regaining it's long term moving average of 200-EMA. Stock has given a breakout of the falling trend line and broken the highs of past 1 year.

These observation suggests that pices are likely to move higher towards 700 in the coming months.

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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