Thursday, January 19, 2012

Bullish Breakout in GTL Infra Ltd. | Technical Chart | 20-Jan-0212

Below is the chart of GTL Infra Ltd., using Ichimoku Kinko Hyo indicator.






In the last trading session, GTL Infra stock price closed above kumo @12.50, so is the Chikou-Span (CS) – the black line in the chart. This gives clear bullish breakout signal in the chart. One can buy this stock for the target of 24 in short term. Make a stop loss of 11.60.

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