praveen.bhatiya

GAIL : Watch Symmetrical Triangle to trade

NSE:GAIL   GAIL INDIA LTD
GAIL is making a beautiful triangle with less white space and being compressed from both sides. This Coil when busted may give good trading opportunity. Please watch it and take advantage of it. Good Luck
Trade closed: target reached: Booked profit by closing the trade on Triangle target.

Comments

If price moves above 450, take a long position. At this time, price tends to stay below Ichimoku cloud (in 1 H time frame) that may begin a downtrend, if EMAs cross occurs.
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@MKhatri05, Thanks for addition to the idea.
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Thanks Praveen. Option's trading available in GAIL?
Reply
@nirav5, Yes options are available in GAIL.
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nirav5 praveen.bhatiya
@praveen.bhatiya, Thanks.
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