I have bought GAIL (India) shares at ₹200. What is the outlook? Can I continue to hold?

Reshma, Chennai

GAIL (₹157.80): The stock is in a strong downtrend since October 2024. This fall confirms that the earlier uptrend that was in place since March 2020 has been reversed. The outlook is bearish. Strong resistances are at ₹163 and ₹182. The stock has to rise past ₹182 to turn the outlook bullish. But that looks unlikely.

There is a danger of the price declining towards ₹125-₹122 in the coming months. Any bounce from this ₹125-₹122 support zone can be capped at ₹150 or ₹160. In a worst-case scenario, the stock price can tumble to ₹95 and even lower in the long term. A break below ₹122 can trigger this fall. It is better to exit the stock now and accept the loss.

I have bought shares of Force Motors at ₹18,500. Should I book profit now or hold it for long term?

Ramesh M Tavhare, Mumbai

Force Motors (₹22,382.80): The trend is up. But you may have to be a little careful as the stock is now consolidating. Supports are ₹19,650 and ₹17,100. The uptrend will come under threat only if the price declines below ₹17,100. The upside is open to see ₹33,500-34,500. From a long-term perspective, there is the potential to see ₹84,000 in the next one-two years.

For now, keep a stop-loss at ₹19,450 for 20 per cent of your holding. For the balance, keep the stop-loss art ₹16,300. Revise the stop-loss higher to ₹26,450 for the entire holdings when the price touches ₹29,900. Revise the stop-loss higher to ₹29,200 and ₹31,700 when the price touches ₹30,800 and ₹33,100. Exit the stock at ₹34,500.

I intend to buy Coforge for long-term. What could be a good entry point for this stock?

Ashish V

Coforge (₹1,316.70): The short-term picture is unclear. A rise to ₹1,500-1,550 is possible. But thereafter the price can reverse lower again. A subsequent fall below ₹1,200 will increase the danger of the price tumbling to ₹750. Ideally, the stock must rise above ₹2,000 to become convincingly bullish. You have to wait either for a rise above ₹2,000 or a fall to ₹750. Alternatively, if you can take high risk, then buy 20 per cent of the intended amount now.

The balance you can buy either after a breakout above ₹2,000 or on a fall to ₹780, whichever happens first. Keep the stop-loss at ₹620. Move the stop-loss higher to ₹1,970, ₹2,250 and ₹2,650 when the price touches ₹2,120, ₹2,450 and ₹2,900 respectively. Exit the stock at ₹3,000.

I have bought Aditya Birla Real Estate shares at ₹680 in 2022. Please advise whether to hold this stock or exit.

Harpriya Sood

Aditya Birla Real Estate (₹1,422): The stock peaked at ₹3,141 in October 2024 and has been in a downtrend since then. Ideally you should have come out of this stock much earlier. However, you can exit the stock now. As long as the stock trades below ₹1,800, there is danger of seeing a fall to ₹600. Keep the following in mind.

Always enter a trade with a specific target and stop-loss. Most importantly, you have to adhere to those levels. When the price goes up in your favour move the stop-loss higher. This will help you to exit a trade earlier if any sudden reversal happens. Even if the stock goes up beyond your target, do not worry; there is always another trade.

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Published on April 18, 2026