Stock of the day : Gail India Ltd Target Rs. 123 - Religare Broking Ltd
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Gail India Ltd
* GAIL has been gradually inching higher from last more than 10 months with supportive volumes.
* The stock had earlier registered a decisive breakout from a consolidation and now inching higher finding support near the same.
* Set to cross the previous swing high. Uptick in volumes is adding to confirmation.
* We thus recommend creating fresh longs in the mentioned zone.
BUY Gail India Ltd CMP 114.10 Range 113-115 SL 110 Target 123
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