ZiaAlive

Buy GAIL around 440 with sl 430 trgt 460

Long
NSE:GAIL   GAIL INDIA LTD
NSE: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

Comments

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