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Feb 27, 2017 7:24 PM

GAIL CnH spotted Long

GAIL INDIA LTDNSE

Description

Two CnH patterns are spotted in GAIL .

The first CnH with double top at 538 levels shall move GAIL to 640 levels if the CnH holds true.
Failure to break 538 levels can drag GAIL to 490 levels to the CnH pattern in the making. In case of second CnH, GAIL shall retrace to 490 levels and then move to 800 levels in such a scenario.
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