May not sustain bullish trend

٣١ يوليو ٢٠٢٣

Gabriel India seems to have touched upper ceiling of the channel shown in the chart. Unless it breaks the channel, there are chances that it will go down to say, 210 level where it will find 2/1 angle support. There is a deep support at the bottom of the channel at 165, which not likely to be seen. 150/ 200 sma have touched now and the stock is likely to see some fall from here on.