Gail India Ltd Swing trade View
Updated
Hi everyone,
This is the Daily chart of Gail.
If Nifty Stops falling This can be a good entry
Risky but good reward trade for swing:
Entry:
Above 123 (candle close in Daily chart)
Reason for entry :
*
Price is at supports,
Bullish Engulfing at support.
Stoploss
*Below 125 (support zone)
Targets:
This is the Daily chart of Gail.
If Nifty Stops falling This can be a good entry
- The price is consolidating in a range (Sideways) .
- The price is forming a Head and Shoulder Pattern withing the range.(possible for Bearish).
Risky but good reward trade for swing:
Entry:
Above 123 (candle close in Daily chart)
Reason for entry :
*
Price is at supports,
Bullish Engulfing at support.
Stoploss
*Below 125 (support zone)
Targets:
- 150,
170
Note
Entry above * 133 (candle close in Daily chart )Trade active
Trade closed: stop reached
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