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Sunday 29 March 2015

60 MIN. CHART OF GATI

Shown above is the 60 minutes chart of Gati. As we can see that it has completed a typical A-B-C-X-A-B-C type correction in the downside. Also. in the last trading session it has given a breakout of a minor trend line. Therefore, I expect it to move upwards till 220 on an intraday basis. One should maintain a stop loss below 195. If it manages to cross the 220 level, I expect it to extend its gains till 240.

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