GAIL (INDIA) LTDLong
Trading The Pullback
Updated
After the continuous selling in GAIL, now probably it may look for a pullback around 38.2 Fibonacci Level.
Entry can be at 380-382 Range if price action seem bullish, if it trades below the low of the previous candle (379.80), Be patient and wait for the price to cross above 380 level to enter.
Trade has a good Risk/Reward.
Entry can be at 380-382 Range if price action seem bullish, if it trades below the low of the previous candle (379.80), Be patient and wait for the price to cross above 380 level to enter.
Trade has a good Risk/Reward.
Trade active
Note
Revised Target-388-390Note
One can take parital profits at 384Trade closed manually
Book all your profits, formed bearish pattern.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.