Shardul Kulkarni of Angel Broking told CNBC-TV18, "If you look at the chart patterns of GAIL what we see is that there is a strong downward sloping channel and so long as the stock stays below the levels of Rs 325, it is best to avoid.”
He further added, “If the stock can manage to cross those Rs 325-328 resistance levels then you can see a significant upside. The stock may even move towards Rs 355-360 but Rs 325-328 level needs to be crossed before taking a call.”
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