Big Movers on D-St
The Indian markets pared gains and closed flat on Tuesday after a gap-up start.
The weekly RSI is near 40, which could act as support and push the stock above 50, which will be a positive sign.
Prices rose from the 200-week EMA at Rs 409 in June 2022, and the stock is now trading around Rs 500.
On the Point and Figure chart as well, Gujarat Gas has given a Bullish ABC Breakout, which opened bullish counts for Rs 600 followed by Rs 690 while risk will be at a close below Rs 480.
These do not represent the views of Economic Times).
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