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

  • 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

Comment
Entry above * 133 (candle close in Daily chart )
Trade active
Trade closed: stop reached
GAILgailindiaHarmonic PatternsTrend Analysis

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