Buy GAIL around 440 with sl 430 trgt 460

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

I will look to go long tomorrow

Comment:

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

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.

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..

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