manuvsingh

Gabriel India - Ascending Triangle Pattern BO with Volume

Long
NSE:GABRIEL   GABRIEL INDIA
Gabriel India : Ascending Triangle Pattern Breakout on weekly chart.
Breakout above neckline at 128 and Price moving above 200 SMA .
Huge Volume in past few weeks show Accumulation.
Weekly RSI showing positive divergence.

Looks good for 50% upside in mid to long term.

CMP : 128
Target 1: 151 in Short Term
Target 2: 202 in Short Term

SL : 112

Almost 1:5 risk reward setup

Chart Only for Education Purpose

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