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GANDHAR OIL REFINERY (INDIA) LGANDHAR OIL REFINERY (INDIA) LGANDHAR OIL REFINERY (INDIA) L

GANDHAR OIL REFINERY (INDIA) L

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GANDHAR trade ideas

GANDHAR OILBig green candle closing on weekly time frame with awsome volume. This is great pattern VCP pattern of mark minervini. it can be gud buy on this price point. Both 20 & 200 MA are in support on daily time frame. Risk reward ratio and probability is only the holy grail in the market. Don't lose more than your entry reason. your entry reason in weekly closed elephant candle so keep SL below this green candle which is 209. Entry = 235 SL - 209 First target - 320 Risk reward raio - 1:3.2
NSE:GANDHARLong
by DEVA435
Gandhar oil can gain momentum after forming bottom. Gandhar Oil Refinery (India) Limited manufactures Oils, Lubricants and greases of various kinds. Gandhar Oil Refinery (India) Limited CMP 214.34. The positive aspects of the company are Company with Low Debt and Zero promoter pledge. The Negative aspects of the company are FIIs are decreasing stake, MFs are decreasing stake and Declining annual net profit Declining cash from operations annual. Entry can be taken after closing above 218. Targets in the stock will be 237, 251, 274 and 287. The long-term target in the stock will be 304, 320 and 343. Stop loss in the stock should be maintained at Closing below 181. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:GANDHAR
by Happy_Candles_Investment