Stock-Holmes

GAIL... Megaphone pattern

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NSE:GAIL   GAIL INDIA LTD
The support and resistance lines are followed by the script. Looks like a good buy at the current price. Target 180 to 190. Stop-loss 138 with a risk-reward of 1:5.
That is about a 27% upward move over 4 to 8 weeks.
Triangle patterns are my strength, but this script is trading near its support zone. Should work out well...
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