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I identified this stock as a probable candidate for a breakout trade (Refer to the previous post linked here) And we did see a breakout and run up to 540-550 levels. Now the stock has come back to the breakout level, the previous resistance area which now would serve as a support area( 455-463) and this week a hammer-like candle is also formed in the support...
Buy Gail Above 166 For target for 174.5-193. It has Formed Cup handle pattern and Given breakout, So One more breakout above 166 will be Good momentum for Gail.