GUJGASLTD long for short term

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GUJGASLTD - stock moving up with high volume which is almost 9.9m highest after one year, as per Elliott wave theory stocks looks in correction in daily/weekly TF, but in hourly TF looks bullish. There are two possibilities in the ongoing impulse wave which is as followed.
Pos 1 - can be impulse move
Pos 2 - can be X wave

in both the Pos approx. 20 % upmove possible.