GAIL (INDIA) - Possible Reversal on the corner...

491
GAIL (India) Ltd – 1H Chart Analysis (NSE) | June 21, 2025

Spotted a potential setup with key institutional footprints on the 1H chart:

🟥 Liquidity Pool Grab: Price dipped into the liquidity zone (SL sweep of previous buyers), potentially clearing weak hands.

📉 Shakeout Sell-Off: A sharp decline hints at a textbook shakeout—classic Wyckoff-style distribution at work.

✅ Daily POI + No Supply Bar: Price tapped into a higher timeframe (Daily) Point of Interest, accompanied by a low-volume no-supply bar—suggesting buyer strength.

🔁 Possible Reversal Brewing: Early signs of bullish intent emerging. Watching this zone for confirmation.

🎯 Targets in Sight:

Target 1: ₹190

Target 2: ₹200

Patience pays !!! —waiting for a break of structure and strength to follow through.
Note
15 Min - Volume PIN bar with support SMA30, further fuels the reversal.
Note
Target1@190 achieved 11:15 AM - 27/06/25.
Note
Close below 183, should close this trade.

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