BullBaba92

~~ Looks difficult to sustain ~~

NSE:GILLETTE   GILLETTE INDIA LTD
Gillette broke out of a multi-month resistance of around 7110 on Friday with a huge upmove. This is a good sign as it marks a rectangle breakout.

However, It is interesting to see if this breakout sustains in near term.

RSI indicates a downturn from this range as it did historically from similar levels.

As per my analysis, the 7100 levels are important to watch out for and it should act as a strong support if the price sustains above it for some days now.

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