Buy GAIL around 440 with sl 430 trgt 460

Mar 7, 2018

GAIL has printed a Bullish Pinbar just at its 200DEMA and near term support of 432..

I will look to go long tomorrow

Mar 7, 2018

Note

Note Positional trader ...GAIL has never traded below 200DEMA since April 2016,
..it has always bounced from there.

Mar 8, 2018

Trade active

entered at 444.10 in futures.... i think i made a mistake of entering in first 15 minutes.....i must have let it settle..anyways lets see.

Mar 8, 2018

Trade closed: stop reached

if you made a mistake market will punish you badly....lost 20000 rs sold at 434.1

very bad entry ..i should have entered around 435..

Mar 8, 2018

Trade active

Purchased 100 shares @434.5 as a positional trade with stop loss of 420..
as i am sure it will not trade below its 200DEMA