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Bala Prasad Pal

39 mins ago · SEBI Registration INH000029209

Gabriel India hits a fresh all-time high at Rs 1,608

Gabriel India surged up to 14% intraday to Rs 1,608 on 12 November 2026. The breakout leaves resistance unmarked, with support from Rs 1,350 to Rs 1,268. Gabriel India Ltd. [ GABRIEL ] surged up to 14% intraday on 12 November 2026, reaching a fresh all-time high of Rs 1,608 at 2 pm. The move followed a breakout from a consolidation range. The breakout came with strong momentum and an increase in trading volume, which supported the sharp rise. The stock is now trading in uncharted price territory, so the next overhead resistance level is not available from the supplied information. In my view, the technical picture is bullish, with strongly positive momentum and sentiment supporting the move. However, a sharp intraday rise can also lead to volatility or profit booking. A sustained move above Rs 1,610 would keep the breakout in focus. A decline into the Rs 1,350 to Rs 1,268 zone would bring the stated support area into play and could weaken the immediate momentum. Watch whether price sustains the breakout and how it behaves around the support zone. A move below Rs 1,268 would further weaken the bullish setup. Stance: bullish while price holds above the Rs 1,350 to Rs 1,268 support zone, with that zone as the key support. Disclaimer: I do not hold any position in this. This content is for informational purposes only and is not a recommendation to buy or sell. Investments in securities are subject to market risks. Please read all related documents carefully before investing.

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