GAIL closed over important pivot level

GAIL has closed above an important pivot level, net resistance is placed at 138 - 140 levels, above which a good and strong move may be seen to 170 levels.
RSI is now spending time in bullish zone while MACD has moved above zero line. Accumulate on dips suggested.
BANKNIFTYbharatjhunjhunwalaChart PatternsGAILTechnical IndicatorsNIFTYoptionsprorsiTechnical AnalysisTrend Analysis

Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
prorsi.com
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