GAIL INDIA LTD.GAIL INDIA LTD.
The stock is taking a strong resistance from 50% Fibonacci.
However, my view is bullish as:
TIME-TREND INDICATOR ARE BULLISH.
RSI IS ABOVE 50 & MOVING UPWARDS.
Once the prices break 88.5 with volume, the next resistance is 90.3 & 93.
Nearest Support is 86.5
KEEP AN EYE !! #B+