surya89trade
Long

GNA AXLES - LONG TERM POSITIONAL BUY

NSE:GNA   GNA AXLES LTD
GNA AXLES has been on an uptrend since its IPO . Now the stock seems to have broken out above the bull flag which has a potential price target of about 514. GNA is sells automotive axles in both domestic and export markets and any improvement in Class 8 truck sales can act as a positive trigger. Also improvement in Commercial vehicles in domestic market can act as a positive trigger.

The break below 350 on closing basis can be used as a exit stop.
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