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GaneshWadhwa
Feb 9, 2024 4:31 AM

Gail at confluence zone Long

GAIL INDIA LTDNSE

Description

Going long in Gail.
Box breakout
Sector is in strong uptrend
Pullback to 200 MA (1H) on low volume
Targets are big compared to SL
Potential risk reward is close to 1:5

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Keep accumulating. Falling on low volumes

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Strong hourly candle at 200 MA with good volume. This usually signals an upmove because the previous downside correction was on little to no volume

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Strong up-move with supportive volumes. Trail your stop to 170 now

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New lifetime high

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Another lifetime high. This time with strong momentum and volume. Expect strength in near term with the sector also showing movement
Comments
tobupravesh
sir Gail new 📈 share kro na yaha mothe kitna jayga upar
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