Gati is an Indian multinational courier delivery services company headquartered in Hyderabad, India. It is known for supply chain solutions with express distribution and also offers warehousing, freight forwarding, trading, cold chain, e-commerce and fulfilment services.
CMP : 72
Best Buy : 60's
Sl : 50
Target : 80 90 100 120++
Time Frame : 1-2yr
The best price for short term investors 84.1 and 84.65 for targets 87.6, but suppose break and move value high 89.45... then 92-94 and more...!
NOTE: This is advanced research, investors should make own setup plan for entering into this stock.
GATI-Weekly chart suggests that,price has formed a symmetrical triangle pattern.
Now the price is trying to move out of the triangle pattern with a good white candle.
Also the 21,50 week Dema giving good support.
If the move is going to continue upwards, can it reach targets 144,166 and a greedy target of 184.
Stop loss can be placed below 129.
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