27-06-2024 10:18 AM | Source: Religare Broking
Stock of the day : Gujarat Gas Ltd. For Target Rs.620 - Religare Broking

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Gujarat Gas Ltd

* GUJGASLTD has witnessed a breakout from its two year consolidation phase which strong volumes.

* Stock have rebounded higher finding support around the neckline of the breakout which also coincides with short term moving average.

* Thus following price action and volume activity, price looks set to resume its upmove and surpass its previous swing high.

* Traders can consider fresh longs in the mentioned range

 

BUYGujarat Gas Ltd. CMP 590.95 Range 589-592 SL575 Target 620

 

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