 "Gail India, Indraprastha Gas have given a fresh breakout, says Ajit Mishra")
Apollo Tyres Limited
Recommendation: Buy
Last Close: Rs 221.05
Initiation range: Rs 218-220
Target: Rs 234
Stop loss: Rs 213
We’re seeing noticeable traction in tyre stocks with the rebound in the auto counters. Apollo Tyre has been witnessing a gradual up move after retesting the major support zone of long term moving average (200-EMA). Indications are in the favour of a steady rise from hereon.
GAIL (India) Limited
Recommendation: Buy
Last Close: Rs 156
Initiation range: Rs 152-155
Target: Rs 166
Stop loss: Rs 149
GAIL has witnessed a breakout from a congestion zone, after spending nearly 3 months in a corrective phase. The sharp surge in volumes combined
