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GAIL An extremely bullish Reversal, Poised to break it's ATH
GAIL (INDIA) LTD
Long
GAIL An extremely bullish Reversal, Poised to break it's ATH
By Rugminik
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Updated
Jun 3
2
9
11
11
Apr 8
The stock is in continuous uptrend , with no evidence of sellers in major time frames.
The stock has reversed from 38.2% retracement in weekly.
I am looking to enter this counter at cmp with 184.20 as SL and minimum 15% ROI - 224 and then trail further.
Apr 10
Note
Exited at a 5% ROI as there is a double top breakdown in 75 minutes. Risk management is supreme! Shall consider re - entry based on price action.
Apr 16
Note
Looks ready for the next leg of upside. SL at 196.
May 19
Note
Re entered again at 208. Holding for short term.
Jun 3
Note
Up by 12%, expecting a pump in the overall OIL & GAS sector PSE, hence looking for 260 in the near term.
equitytrading
Fibonacci
Fibonacci Retracement
GAIL
indianstocks
investing
positionaltrading
priceactionanalysis
Supply and Demand
swingtrading
Trend Lines
trendlineanalysis
Rugminik
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