Gail is our stock of the week
Gail has made a ABCD pattern on the chart and it has retested the previous high around 150 Levels and bounced from that level and 15 level is also its 21 day moving avg level
One can go long around CMP 152 with SL @ 136 (78.6% retracement level for the recent up move)
RSI Indicator bouncing from 50 level also suggesting buying at dips.
One can go long around CMP 152 with SL @ 136 (78.6% retracement level for the recent up move)
RSI Indicator bouncing from 50 level also suggesting buying at dips.
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