GUJGASLTD : at retracementGujarat Gas Ltd. (NSE: GUJGASLTD) - Technical Analysis and Trade Plan
🚀 Ready to catch the next big move in GUJGASLTD? 📈
### Chart Analysis
The chart indicates a potential bounce from the golden retracement zone (460-483) .
The current price is showing signs of a reversal within this zone.
### Trade Plan
Entry : Consider entering long positions within the golden retracement zone (460-483) .
Target :
First target at 566 INR .
Second target at 636 INR .
Stop Loss : Place a stop loss just below the retracement zone at 450 INR to manage risk.
### Conclusion
The golden retracement zone presents a strategic entry point with favorable risk-reward ratios.
Monitor the price action closely and adjust the plan as needed.
📢 Disclaimer : This trade plan is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
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