DrMSRanga

GUJGAS PERFECT SHORT

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NSE:GUJGASLTD   GUJARAT GAS LTD
Gujgas is forming a perfect down trending parallel channel pattern on 4 hour charts, also supported by rsi and ema, 20 ema crossed 50 ema, 50 ema crossed 100 ema, 100 ema crossed 200 ema. now at strong resistant zone by 20 ema followed by trendline. in next 8 to 10 trading days it may reach 397 to 400 levels.(disclaimer: only for educational purposes)
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