The outlook is bullish for GAIL (India). The inventory has been robust uptrend. The three.5 per cent rise on Monday signifies the resumption of the broader uptrend after a short-lived pause. Assist is round ₹186. Intermediate dips are more likely to be restricted to this help stage. Recent consumers are more likely to come into the market at low ranges.
GAIL (India) share value can rise to ₹200-205 in per week or two and even earlier than that in case the present momentum continues. Merchants can go lengthy now at ₹191. Accumulate on dips at ₹187. Cease-loss will be stored at ₹182 initially. Path the stop-loss as much as ₹194 as quickly because the inventory strikes as much as ₹197. Transfer the stop-loss additional as much as ₹198 when the worth touches ₹201. Exit the lengthy positions at ₹203
(Observe: The suggestions are based mostly on technical evaluation. There may be threat of loss in buying and selling.)
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