Thanx i'm also good. Im also here if you need any financial analysis for equity. My current recos are ITC and GUJRATGAS. Wait for ITC to come near 250 levels and hold both for long term.
NOIDATOLL aswell.
Thanz bro. IF I need your I definitely ping you for this.
Technically your pick Gujrat gas has made Bullish Butterfly pattern. But if I look its long term chart it is making lower high and lower low from long time. Trading below 200-50-20 ema.
For being in bull trend it has to trade above 300 levels.Its is in downtrend from 2011 last quarter. Though I dont watch stock market very closely but as per news I have heard C Rangarajan committee is trying to pass new formula for computing gas price. If that accpeted then from $4-4.5mmbtu to $8mmbtu.
http://profit.ndtv.com/news/economy...r-unit-rangarajan-panel-submits-report-315157
If this is going to game change then let see.
ITC is in clear cut uptrend in weekly chart though correction is happening in daily chart making lower low and lower high 20-50 ema crossover about to happen if that happens then further downside possible.Rs 272 is very important support. if that breaks and start trading below 279(200 ema) and 272 also the it can go upto 220 in long run. But seems dont sustaing below 273 for much time.
Noida toll has good support at rs 18.10.One can but there with small rs 1-2 sl. for rs 25-26 in long run.
Out of 3 stock Itc seems stronger candidate to buy in dips technically. Now yours fundatmental reason expecting you will post this time.
:thumb: