TradingView
BharatJhunjhunwala
Mar 20, 2020 11:36 AM

Any failure to move above 85 will induce more correction  Short

GAIL INDIA LTDNSE

Description

The stock is into dominant trend down and this pullback seems to be corrective. Now the stock has faced resistance and the momentum indicator is also taking a halt at the bearish extreme. Any failure to move above 85 will induce more correction and the stock may further correct to 65 & 44 levels. However a move above 85 may push the stock further towards 103 & 125 levels.
More