Gabriel India has given a good breakout, Technically we can see a clear case of breakout after volatility contraction. All the selling pressure seems to be absorbed.
Stop Loss 115
1st Target 180
2nd Target 330
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
This is follow-up on Gabriel India. Can check link to related ideas.
Target 1 achieved. More than 16%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
Stock has crossed major resistance on weekly charts with volumes,.
Stock is trading above all moving averages on daily chart and 20DEMA>50DEMA>100DEMA>200DEMA.
Stock is about to give golden crossover on weekly chart.
CMP 139, Support 115, Next target is 159/183/215
2Q Results on 4th Aug
PS: Consult your financial advisor before investing
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Why was it selected❓
🔹Technically looks good.
🔹Funda almost good.
🔹Company is almost debt free.
🔹Breakout above 132.Forming ascending triangle & 130-131 range acting as a good resistance.
👉Entry possible,but it’s not a buy recommendation.Study well🙏
ABOUT THE COMPANY🍂
Gabriel India is part of ANAND Group. From being...