GATI : Headed towards 126.50 and Strong Break-out

posted by Paritosh on Sat Jan 28, 2017 12:04 pm


GATI closed at 121 on 27/01/2017
Gati after taking support at its triangular trend line around 118 levels is not headed NORTH to test upper line of triangle which is at 126.50.
One can go long at current price with stoploss at 118 and initial target of 126.50.
Multiple resistance at 126.50-128.50 zone and if breaks the said zone will show strong triangular pattern breakout to test levels of 134 and than 139 very fast.
Good to go long at current price.