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avlnrao63
Oct 6, 2021 7:31 AM

Gail- 166.75 Long

GAIL INDIA LTDNSE

Description

Gail - 166.75. It is on verge of break out. If it closes above 168.5 then break out is confirmed. If breakout happens then it can go up to 168.5+31.5= 200. Depth of the cup is 31.5, top of the cup is 168.5. This is for educational purpose and investment shall be one in consultation with financial adviser.
Comments
SK_tron
how is it looking now for entry? expecting further downfall breaking support at 150?
lgnanasekaran
It touched 171 and went down. Will it recover in the coming days?
avlnrao63
@lgnanasekaran, break out did not happen. It touched 171 before I put this message.
Basty
Cup without handle ?
avlnrao63
@Basty, Yes. But breakout did not happen. Happens only above 168.5 with good volumes and shall close.
Basty
@avlnrao63, Might make a handle.
avlnrao63
@Basty, Yes eaxctly, i am also thinking the same.
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