Published on 12/08/2017 9:53:43 AM | Source: Choice India
Buy Gabriel India Ltd For Target Rs.182.00 - Choice India
* On an hourly chart, the stock is forming a strong bullish candle with the support of 100 hourly exponential moving average which shows positive momentum in the counter.
* Moreover, the stock is breaching above the 20 & 50 days exponential moving average with healthy volume which is a positive sign for an upward move.
* On an hourly chart, momentum indicator RSI is showing a positive crossover with rising bottom formation which points out for a positive breath in the stock.
* Based on aforementioned rational, further upside can be seen upto 182 level.
Buy Gabriel India Ltd @ 167 StopLoss 159.50 Target 182
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