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Accumulate GAIL India, target Rs 360



The stock has retraced marginally in the last two sessions and is now hovering around the support zone of multiple moving averages (100 and 200 EMA) on the daily chart, offering a fresh buying opportunity.

  

After retesting the support zone of 100-EMA on the weekly chart, GAIL India is now witnessing a rebound. It is showing tremendous resilience while we’re seeing noticeable pressure on the broader front.
The stock has retraced marginally in the last two sessions and is now hovering around the support zone of multiple moving averages (100 and 200 EMA) on the daily chart, offering a fresh buying opportunity.
Traders shouldn’t miss this chance and accumulate stocks within Rs 330-335. It closed at Rs 335.05 on June 4, 2018.
MORE WILL UPDATE SOON!!

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