Ghandhara Automobiles Limited (GAL) is consolidating in a descending / symmetrical triangle near 530–535 after a correction. Bullish RSI divergence suggests selling pressure is easing. A break above 538 should open the door for a move higher, while strength above 562 may accelerate momentum.
Stop-loss: 520 on hourly close.
🎯 T1: 570 (R:R ~1:3)
🎯 T2: 630 (R:R ~1:6)
Upside favored on a decisive triangle breakout.
Stop-loss: 520 on hourly close.
🎯 T1: 570 (R:R ~1:3)
🎯 T2: 630 (R:R ~1:6)
Upside favored on a decisive triangle breakout.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.