Gail India Ltd. trading in bullish phase also confirmed breakout the wedge pattern and bullish flag pattern. it is technically looking strong enough and may go further upward with a target of 500.00 in near term. traders may go long on this stock, enter long slightly at lower price as if market open in red it may retest the previous level 440.00 or further may go...
It is been observed that the price action breaks out from a channel on hourly chart indication buyers pressure. It is another consecutive positive breakouts after previous desending triangle breakout Now, the price action is bullish and it shall further move to 430 levels.
GAIL INDIA GIVEN FRESH BREAKOUT AT 420 NOW BUY STOCK NEAR 420 IN CASH STOP LOSS 414 TARGET 426-431-436
OR
BUY GAIL FUTURE AT 424-422 STOP LOSS 416 TARGET 430-435-440
