Gabriel Closing 165.95 with a stop loss of 152 then targets are 180-200-225+.
Buying reason.
1 --> Price is breakout the resistance,
2 --> Volume also breaks out the level with volume.
3 --> RSI is Above 60.
4 --> ADX is showing a Bullish move.
5 --> When the price breakout the trendline then more upside opens.
6 --> Bollinger Bands are open in the upside.
NSE:GABRIEL
Cup & Handle BO in weekly charts
BO level of 152 being retested.
CMP being supported by short term moving averages
Momentum in tact as RSI > 50
CMP : 150
Tgt : 181 - 208 - 260
upside : 70% as per pattern target
SL : 130
Time frame : 3 - 12 Months
NSE:GABRIEL
✅ #GABRIEL trading above Resistance of 185
✅ Next Resistance is at 222
✅ Trading at 52-week high which is a sign of strength
Related chart:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is...
GABRIEL:- Stock may have formed head and shoulders and also given breakout, keep an eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all...
Chart -> Gabriel Weekly
Stock has given a breakout from 3 times resistance with volume confirmation.
CMP: 182
Target: 222
Good to add: Around 170
SL: 150 Weekly Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Weekend Pick 1: GABRIEL
Fundamentals - Very strong. Growing EPS, Reserves, FII and DII holding Vs reduction on debt!
Technicals : Very Bullish, multiple breakouts, Triangle + C&H with 50 DMA crossing 200 DMA up..
Target 1: 200
Target 2: 235
Target 3: 250
Long term trade, Avg in case of fall: 140-120 , Short term trade : Follow 145 SL
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking profit for 1% - 2%
For long-term trades look out for resistance drawn above closing
GABRIEL INDIA
Good volumne buying seen and Gave a break out and confirmation heading in the targeted direction. expecting to give returns in a short term itself.
Stick to stop loss and targets
Nice BO with Above average volume, Gabriel India looks strong for higher targets mentioned on the chart.
First profit booking to be done near parallel channel top, on the first sign of weekness
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
