Guj Alk is moving up INSIDE the channel...and a 14% move up is possible. Like i always say - we play with possibilities, so consider this as an idea, not a recommendation to buy or sell
Note
just for people who understand fundamentals , an additional plus - book value of Guj Alkalies is 732. it is trading far below that value - it simply means it has potential to reach 732 and beyondNote
It might complete the 14% move today...it has moved 9% already...Note
moved 12%. today...target 1 done..let's look at next target...keep watching.Note
Breakout of channel today...has moved 4%Note
it is trading with weak volumes....so i don't see much upside today, unless the volumes increase...Note
target 2 achieved....and volumes are picking up today...let's see..Note
Moved 11% today..@ 669 Rs
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.