Stock of the day : GAIL Ltd For Target Rs.221- Religare Broking
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GAIL Ltd
* GAIL has been in strong uptrend from past more than 5 months with steady rise in volumes.
* It has formed a fresh buying pivot holding above its short term moving average and its previous resistance zone.
* Following price pattern and uptick in volumes highlights price to resume its prior trend.
* Traders can consider fresh longs in the mentioned range.
Buy GAIL Ltd CMP 207.40 Range 206-208 SL 200; Target 221
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SEBI Registration number is INZ000174330
