Can We Buy Gail India Stock? Will It Be A Multibagger Returning Share

Can We Buy Gail India Stock? Will It Be A Multibagger Returning Share

Hello, friends in this article I will try to analyze and make a fundamental check on Gail India share with this you can find it is suitable to invest for long term or not.

gail india

A detailed fundamental analysis will be helping you to take a call on whether one should invest in this stock or stay aside. Being in Nifty Next 50 stocks and the improvement in the energy sector it has been clear that GAIL is being an important player for a long time in this market.

Technical Chart analysis of Gail India.

Below are some of the technical analyses on the Gail India stock. However, this will help to check the fundamental of the share.

Growth rates showing this giant institution is handling by quality management staff along with foresight. This plays a major role in stock to perform well in the future.

The Key Indicator is showing the score which is just below the ideal score that is. 6 to 9 but I will show you the technical chart where key momentum is waiting for the BO of this stock.

Technical Chart On GAIL

The Decision Chart is showing an overall fundamental scenario of stock which clears that this stock is highly profitable to invest with above-average future growth with quality management and soundness of financial health and still good to invest.

Technically, we have seen this script is showing bullish patterns in monthly, weekly, and daily charts.  One can enter into this stock around Rs.152.50 and can wait for a target 216 / 257 for medium-term tenure. This is my opinion on this share.

Final Word With Conclusion

However, I have mentioned all the technical details and my personal opinion on this share. If you have any doubts and queries regarding this please comment below. Thanks for reading.

A dynamic professional with around 22 years’ rich experience in Marketing, Business Development and Business Analysis. But above all, a passionate Capital Market Analyst and option trader for last 20 years with in NSE/ BSE and cryptocurrencies.