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gail intraday tips updated for 14-06-2018

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GAIL stuck in a range can see further weakness if breaks and closes below 328 : Updated on 27th June 2018.

GAIL trading in a range bound zone from last few days if breaks and closes below 328 then further weakness expecting in coming days, stock will find next strong support around 300.

Stock was on NEWS – GAIL is set to benefit from higher prices of LPG and petrochemicals while expanding its positive marketing margins on long-term gas contracts. Such benefits could result in a 6-18% earnings upgrade in the next three years for GAIL, which has fallen about 9 per cent since the beginning of the year. The stock performance could now reverse. 

Stock on the verge of intraday bullish breakout @ 347: Updated for 14th June 2018

Stock Name Bullish Above R 1 R 2 Stop Loss
GAIL 347 350 352 344.50

Share price of GAIL on Wednesday (13-06-2018) closed with a gain of Rs. +1.75 up by +0.51% at Rs. 345.05.

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