* Multiple inside bar candle on weekly chart. Breakout still awaited. * It looks Gail can give a breakout of inside bar candle on higher side which is 100. * One can take entry at CMP and add more if gives a breakout above 100 for a target of 115 to 120 in short term. * PSU stock are already on rally. * Fundamental also looks good : PE < 5.5, Book Value - 100 and good ROCE - 23 * One can consider it for long term taking future growth in the industry into account and also give gives handsome Dividend.
underperformed entire psu pack....from 91 to 97 only...while pfc rec ongc did better.....still not able to cross 97-98 range seems to have gone in hibernation