GAIL (INDIA) LTD

Long

Channel - Breakout

By Trade-Wealth

Updated

GAIL has given break out above the channel, go long for target of 430 & 445. It has suppressed the critical resistance zone of 410-415.
On weekly chart too it has given breakout above its resistance.

Note

Today closing is deciding factor. No entry today

Note

GAIL has not lost the ground, todays close is good. Keep SL @ 408.
Use any dips to given targets.

Note

Good recovery seen

Note

Target 1 Done. Wait for T2

Note

snapshot

Note

Facing channel resistance.

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