GAIL seems to have done a Daily breakout after a long downtrend.
The weekly and monthly chart also seem promising on pivotal support levels
But the level is crucial as still, we are in a zone of uncertainty with respect to nifty. Either ways, with crude and natural gas bullish, GAIL seems long.
But, being at a crucial support, market collapse could lead to a breakdown as well. Lets see how it goes.
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