i can seed head and and shoulder pattern in this and also the resistance has been hit multiple times.enter only after 2:30 if it sustains avove its resistance leval.
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
anytime bo
cmp 126
add @Dips
Why was it selected❓
🔹Good numbers.
🔹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...
The stock after three years of corrective decline from the all-time high of September 2017 (Rs 222) has recently registered a resolute breakout above the long term falling supply line joining the highs of the last three years signaling a structural turnaround and offers a fresh entry opportunity
SL 95
Target 215
