Raj10
Short

GAIL DOWNTREND

NSE:GAIL   GAIL INDIA LTD
BREAK IN LONG TERM UPTRENLINE.....FORMATION OF LOWER LOW AND HIGER LOW'S....INEBILITY TO BREAK AND HOLD RESISTANCE ZONE OF 402 TO 410, THE PRICE ACTION WILL RETEST THE SUPPORT ZONES OF 367 AND 338
Comment: MY OPINION IN GAIL IS ,ITS FORMING A BULL TRAP ON LOWER TIME FRAMES ...OPINIONS R WELCOMED
Comment: price action resuming to downtrend..
Comment: gail moving towards 1st target
Trade closed manually: trade closed @369...a very slow move towards target

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