Gujarat Gas New lifetime high; Inverted H&S in weekly charts.
1. Stock has reversed after making a new lifetime high; Inv H&S pattern is observed in daily charts.
2. Go long on at 23.6 fibi retracement of prior uptrend i.e. 286.70; targets 350, 385 & 405.
3. RSI divergence is observed in daily TF, trade with tight stop loss.
2. Go long on at 23.6 fibi retracement of prior uptrend i.e. 286.70; targets 350, 385 & 405.
3. RSI divergence is observed in daily TF, trade with tight stop loss.