Rs 174 , could that be a double top near the long drawn falling trend-line resistance?
The gap is huge and timeframe nearly a year !
Rs 1600 to Rs 3600 in 5 months. Looks like it has outrun itself.
One year of channel Uptrend. But notice the 6 weeks -yes SIX weeks - of lower lows since mid July.
First time since IPO< a meaningful three month long rally. Though its moving in a downward channel since IPO. Will it breach it this time ? I would give it a higher probability.
Ascending Triangle Lot of supply from retail IPO crowd around 418 Next Stop 428 Looks Good.
Now above the IPO price of 180 Small float with a total market Cap of only Rs220 crore on a Rs12 crore profit. Good Brand name name and as soon as the retail selling is over, it could double from here to a Mcap of Rs450 cr.
Selling to come from Retail IPO subscribers at Rs 418 and then from HNI's at 428. However the stage is set for a massive upmove. A Rs 7700 crore Mcap stock with 490cr profit (FY 17) and likely 500cr profit (FY18)
Channel trading 372 - 410 since a bad IPO listing However now with shares in stronger hands, it should see a steady rise. The GReeN bars on the first day of trade and yesterday (16th Apr) is a Bullish Belthold. 418 and 428 would see some selling as those are the IPO prices (for Retail and Others respectively) Fundamentally too very strong.
15 year Long term line (support) tested at Rs 75 Now witha huge move, looks like will stop at Rs 130. BUy....its Electric
GAIL (India) Ltd is India`s flagship natural gas company integrating all aspects of the natural gas value chain including exploration and production, processing, transmission, distribution and marketing and related services. Though the International Natural Gas Prices acts as the LEAD INDICATOR for GAIL Share Prices. Don't take my word for it, go and check...
Great Wall of China Looks like MotaBhai not interested right now. It can cross the Great Wall only with some big announcement, dont have much faith on next few quarters earnings.
target met, now sell and book profits. New Target 51