Gail- an integrated natural gas company in India. Owns over 11,500 km of natural gas pipelines, over 2300 km of LPG pipelines, six LPG gas-processing units and a petrochemicals facility. In a way it hold a monopoly power of setting up the natural gas pipelines.
Government of India focus on increasing the share of natural gas in the overall energy mix of the country to 15.0% from 6.5% will likely to give tailwinds to Gail.
Technically- The stock has given a multi bagger return in past two decades from 5 to 121. However, the rally doesn't seems to over.
The stock started its third wave lately with a formation of cup and Holder breakout on monthly chart. Thus, it is likely that Gail may move towards 145/170 levels
Government of India focus on increasing the share of natural gas in the overall energy mix of the country to 15.0% from 6.5% will likely to give tailwinds to Gail.
Technically- The stock has given a multi bagger return in past two decades from 5 to 121. However, the rally doesn't seems to over.
The stock started its third wave lately with a formation of cup and Holder breakout on monthly chart. Thus, it is likely that Gail may move towards 145/170 levels
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.