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kugan_vel
Oct 1, 2021 1:07 PM

GAIL may give a 3Y trendline BO to continue with bullish trend Long

GAIL INDIA LTDNSE

Description

GAIL is likely to give a 3Y trendline BO. Currently trading above 200 and 50 MA. Overall trend looks bullish. Good for positional trade if the trend continues.

Target 1: 171
Target 2: 200
Target 3: 236
Comments
lgnanasekaran
Its down for two days, will it recover and achieve second target?
kugan_vel
@lgnanasekaran, This could be a pullback. Should recover and march towards target 2 and target 3. If the pullback continues downside it can go upto 150 and then take support from 50 MA and trendline.
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