Breakout of Inverse Head & Shoulder on Weekly basis..
Gabriel is showing a good momentum in recent sessions..
According to the reports, Gabriel is the supplier of shock Absorber to OLA Electric..
OLA Electric has made sales of Rs.1100 Cr. in 2 days. (Think of the Revenue Generated for Gabriel by this)
Looks Fundamentally & Technically strong on charts.. Keep on...
Head & Shoulder Pattern on a daily Timeframe..
Following a Trendline.. If it breaks the trendline & Neckline of H&S Pattern..
We can expect a 100 points downward move..
RSI showing Negative Divergence.. Keep on Watchlist.