GATI
Stock finding strong trend line resistance around 181.50 as shown in above image, further price rise can be seen once it closes and holds above 181.50.
Stock has also formed long bullish candlestick pattern with increase in trading volumes this will favor bulls.
Suggested reading - LUPIN witnessing selling pressure from moving average.
Intraday GATI looks good if it holds above 181.50.
Will find resistance around 184, 186,.
S.L - 180.
Visit link below to read article on fundamental analysis of stocks.
IL&FS board to propose full sale, among other options: source.
ReplyDeleteCapitalstars