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
A healthy dividend payout stock taking support and trying break Mid-term resistance level, after breakout it will cross 190++
Accumulating area 100-125 Sl 86, time duration 9-12 months. CMP 133.70
Support-Resistance levels: (once target reached Levels will ...
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
Prices crossing below both 50 day and 200 day moving average.
breakdown from symmetrical triangle, as well as a H&S Top.
remember you dont need volume conformation on the downside.
ST target 120?
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NSE:GATI
