sunnyfutures

GAIL going to hit 170 Again!!!

Long
NSE:GAIL   GAIL INDIA LTD
On the Weekly chart, GAIl breaks its resistance and holding its position above 150 Which means it will test again 170 in the near term.
Short-term Target:
165 with stop loss 148
Long term target:
170 with no Stop loss. If any time, the share goes below 148 level, buy on a dip strategy will follow. the time frame 1 year.
Comment: Short-term stop loss hit but long-term target still active. Buy on dip strategy will prefer.
Comment: share touch high157 but could not hold a level and close at 152. Let's see it may break or not resistance level next week
Comment: Our 1st target 165 achieve, now waiting for the next target. Book profit partially if any timeshare price goes down below 160
Trade closed: target reached: Our Target reached 170 level. revised your stop loss and trade as per your risk