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Unite Technologies Financial

9th Jul · SEBI-Registered Analyst

Technical Analysis Gabriel India Ltd

The stock

GABRIEL
is trading around ₹1264 and is showing a strong bullish trend after recovering sharply from the ₹820–850 support zone. The stock has formed a series of higher highs and higher lows, indicating sustained buying interest. It is now consolidating near its recent highs which suggests that the stock is preparing for its next directional move. The recent consolidation around ₹1230–1270 is a positive sign as it reflects healthy profit booking rather than aggressive selling. The immediate support is at ₹1200–1220 while the major support zone is around ₹1100–1150. Holding above these levels keeps the uptrend intact. The first resistance is at ₹1280–1300. A decisive breakout above this zone could push the stock towards ₹1350–1400 with the next major resistance near ₹1450. Short-term buyers can consider fresh entries on a sustained breakout above ₹1300 with strong volume confirmation. The stock remains in a strong uptrend, and a breakout from the current consolidation could provide the next buying opportunity. A stop-loss below ₹1200 is advisable. Existing holders can continue to hold the stock as long as it trades above the ₹1200–1220 support zone. The overall trend remains positive and a breakout above ₹1300 could accelerate bullish momentum and lead to further upside in the coming weeks.

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