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GUJRAT ALKALIES – CAN WE EXPECT A BREAKOUT

GUJRATALKALIES

buy GUJRAT ALKALIES above 190 sl 180 target 199-215

technical study

stock has taken support on trendline and rsi also taken support on trend line.

as per candlestick we can see that stock has form “BULLISH BELT HOLD” candle on chart.

rsi yet not moved into overbought zone, which can also giving sign of “BULLISH POSITIVE DIVERGENCE”  on chart.

so if price able to cross the resistance then we can see up move in stock.

 

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