1) Divergence can be seen on daily charts
2) Stock has retraced from the lower trend line in the past and is coming near trend line (133 levels)
3) Targets will be at least 160-170 and even more
4) Volume can be further checked when the stock tests lower trend line level
Simply Buy Gabriel India at current rate or around 133
target 167-170
SL 128
Disclaimer: This is just for educational purpose and always consult your financial advisor before investing in any stock.
2) Stock has retraced from the lower trend line in the past and is coming near trend line (133 levels)
3) Targets will be at least 160-170 and even more
4) Volume can be further checked when the stock tests lower trend line level
Simply Buy Gabriel India at current rate or around 133
target 167-170
SL 128
Disclaimer: This is just for educational purpose and always consult your financial advisor before investing in any stock.