Observe_Think_Act_Think

GAIL Long Short Term

Long
NSE:GAIL   GAIL INDIA LTD
GAIL Chart looks good for upside in the short term. Fundamental reason is forming a hammer on daily and weekly candlestick charts and holding up well in the falling market.
Comment:
GAIL did not perform in the short covering rally. So this trade may take time.
Trade active:
GAIL gained 8%+. Shows strong buying
Trade active:
Stop Loss moved to 66.45
Trade active:
Good Move in GAIL 6% up. Possible Double Bottom
Trade active:
Booked Partial Profit at 85.20
Trade active:
Stop Moved to 74.25
Trade active:
Stop Moved to 80.25
Trade active:
Stop Moved to 82.40
Trade closed: stop reached:
Closed the trade
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