GABRIEL is showing Cup and Handle breakout with good amount of Volume. The fundamental is also very nice. Wait to buy at lower level 210-215.
CMP : 227 TG : 350 SL : Below 21 EMA
Stock's selection based on 5 Point Analysis: 1: Idea : Breakout. 2: Support : Volume, Delivery & VWAP. ( To view this, click sedg.in/6jau984m ) 3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.( To view this, click sedg.in/u2p8gyi7 ) 4: Fundamental : PE, PAT, Industry & peer PE and sector performance. ( screener.in/company/GABRIEL/ ) 5: Timing : Entry Timing on Daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk. Please consult your financial adviser before taking any decision.
What if results come negative ? The Auto Sales were down in June ?
SthitaprajnaYogi
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@mehtasahil View is based on Weekly / Monthly based.. it is still on high price. wait for buying price which is mentioned .. One month or Quarterly result does not affect the the view, if you are in stock market. Don't forget the Stop loss..