Stock of the day - GAIL India Ltd Target Rs. 189 - Religare Broking Ltd
GAIL India Ltd
Buy GAIL India Ltd CMP (Rs) 177 Range* 176-177 SL 170 Target 189

* GAIL has registered a decisive upside breakout, supported by a strong bullish candle and substantial volume expansion, signalling renewed accumulation and improving demand.
* The stock has reclaimed its short, medium and long-term EMAs, strengthening its technical configuration.
* Sustained buying interest could extend the recovery, although overhead resistance may emerge near previous swing highs.
* Traders may consider long positions within the recommended price range.
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SEBI Registration number is INZ00017433
