NSE:GATEWAY is breaking out with good volumes. It's Wednesday so give it couple more days for this week's candle to finish. Going by current strength in price action and volume, it shouldn't be any different but better to be safe that sorry.
#GatewayDistripacks -It is an integrated inter-modal logistics service provider. -Market Cap₹ 4,829 Cr. ROCE 12.8 % InstHold 54.6 % Public holding 13.0 % -Growth YOY Qtr Sales Var 9.82 % Qtr Profit Var 21.3 % -Flate Base breakout with volume.
Gateway Distriparks Ltd NSE: GATEWAY After a 363% UpSwing GATEWAY forming a 30Months+ Range consolidation at higher levels, forming a potential breakout. Recent upmove from 27May23 to 05Jun23 confluences with bigger volumes and even it holding the price at higher levels for more than 45 days. Expecting a bigger breakout around in GATEWAY sooner.
buy for a target of 91 .Today we got a breakout with high volume after consolidating for about 3 months . Rail business to perform well and discounts previously given have been withdrawn due to good demand .crude prices have also cooled down.