Guj Alk is moving up INSIDE the channel...and a 14% move up is possible. Like i always say - we play with possibilities, so consider this as an idea, not a recommendation to buy or sell
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just for people who understand fundamentals , an additional plus - book value of Guj Alkalies is 732. it is trading far below that value - it simply means it has potential to reach 732 and beyond
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It might complete the 14% move today...it has moved 9% already...
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moved 12%. today...target 1 done..let's look at next target...keep watching.
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Breakout of channel today...has moved 4%
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it is trading with weak volumes....so i don't see much upside today, unless the volumes increase...
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target 2 achieved....and volumes are picking up today...let's see..
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Moved 11% today..@ 669 Rs