#Stock : #Gail India Ltd
#Chart Time Frame: #Daily
#Structure : #Multiple Supports / #Demand Zone / #Sideways
On #Daily Time Frame the Stock is on #Sideways since Jan 2021 till date and bouncing back from its #Demand Zone of 85 levels and looks good for #Swing Trade for short to medium term up to its #Resistance level of 113 - 115 levels which will be a good reward of 10% to 25% returns from its current level of 90
So stock looks good for long as per the levels mentioned below:
CMP - 90.05 or BoD 86
Target 1 - 99
Target 2 - 105
Target 3 - 110 +
SL - 82.50
Holding Time Frame - Short to Medium Term
All charts & studies posted here are only for EDUCATIONAL PURPOSE
#Chart Time Frame: #Daily
#Structure : #Multiple Supports / #Demand Zone / #Sideways
On #Daily Time Frame the Stock is on #Sideways since Jan 2021 till date and bouncing back from its #Demand Zone of 85 levels and looks good for #Swing Trade for short to medium term up to its #Resistance level of 113 - 115 levels which will be a good reward of 10% to 25% returns from its current level of 90
So stock looks good for long as per the levels mentioned below:
CMP - 90.05 or BoD 86
Target 1 - 99
Target 2 - 105
Target 3 - 110 +
SL - 82.50
Holding Time Frame - Short to Medium Term
All charts & studies posted here are only for EDUCATIONAL PURPOSE
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.