GAIL - Correction in Channel

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It is been observed on daily chart that the price action is trending up in a channel and now it is breaking out from the previous support levels of 418 and dipping down towards the next strong support levels of 408-405. The sellers are in dominance over price action and it shall now dip and correct further down.
Trade fermée: cible de profit atteinte
Target of 408 achieved successfully. Regards
GAILParallel ChannelSupport and Resistance

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