Stock Radar: GAIL could hit a fresh 52-week high in the next 1-2 months, Ajit Mishra explains
"Gail has been maintaining an uptrend since 2004 however the pace of rise is gradual, with intermediate corrective phases. It has recently witnessed a breakout from a consolidation band of 80-110 levels after spending nearly 2 years. We thus recommend accumulating in the mentioned range," Ajit Mishra, SVP - Technical Research, Religare Broking Ltd., said.
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