GAIL (INDIA) LTD
Long

GAIL INDIA LTD.

GAIL INDIA LTD.

The stock is taking a strong resistance from 50% Fibonacci.
However, my view is bullish as:
TIME-TREND INDICATOR ARE BULLISH.
RSI IS ABOVE 50 & MOVING UPWARDS.

Once the prices break 88.5 with volume, the next resistance is 90.3 & 93.
Nearest Support is 86.5

KEEP AN EYE !! #B+

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