sankatradesindia

GAIL ready for a big move if the resistance is broken

NSE:GAIL   GAIL INDIA LTD
GAIL had previously broken down from a head and shoulders pattern at current levels.

Going by theory, the same point will now act as a resistance. If this breaks, there could be a move towards 105 for GAIL.

One more point that nudges in the direction is the formation of the above average volumes. Also, higher highs and higher lows.

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GAIL
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