BUY GAIL | TARGET: Rs 154 | STOP LOSS: Rs 139
GAIL has reversed from its supporting trend-line and has marched towards the cluster of its exponential moving averages on the daily chart. The stock has formed a strong bullish candle in the last trading session along with closure above the mean of the Bollinger band (20, 2), indicating inherent strength in the counter. On indicators front, 14 period RSI has seen positive crossover and is headed northwards affirming the bullish stance.
BUY VOLTAS | TARGET: Rs 1050 | STOP LOSS: Rs 940
VOLTAS has seen strong reversal candlestick pattern formation near its