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.
It's formed reverse H&S pattern and there's a rising pattern. Related idea link : target 180 - I agree with the same.
Stoploss 124.76 (61% retracement)
gati looking for a breakout form the level of 143 with the target of 168 . can see a pullback from there and then break to the upside possibilities are more
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.
Thanks and Regards
Gati at Support, Can be bought at cmp.d
In recent times this counter has become very boring.
close above 134 should make it move towards 150/170
small sl on close below 120
Gati Ltd. is a holding company, which engages in the provision of supply chain solutions. It operates through the following segments: Express Distribution and Supply Chain, Fuel Station, and Other Sales. The Express Distribution and Supply Chain segment includes cargo, logistics, and air transportation services. The Fuel Station segment manages fuel stations and sells diesel, lubricants, and petroleum products. The Others segment comprises of miscellaneous business comprising of less than 10% revenues. The company was founded by Mahendra Kumar Agarwal on November 14, 1989 and is headquartered in Hyderabad, India.
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GATI
