GAIL
STRONG ONLY ABOVE 270-280...

In the last 4 months this stock consolidated between 270 and 250. This stock will show strength only passing above the 270 and 280. If once crosses this level without violating the 262-258 level then we can see the level of 325. 262-258 level is the 50-100-200DMA prices. 280 is the 61.8% fibo resistence of the fall from 325 to 210. Since the fall from that level it never penetrated since then. The good thing is that its trading above the key MA lines and indicators like BB, CCI and RSI are all given BUY signal. Just wait for the breakout.