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iamPotato
Sep 20, 2020 9:39 AM

GAIL - Sell at 90 Short

GAIL INDIA LTDNSE

Description

NSE:GAIL

Target - 80,75

Be Calm and Let price come to you :) Don't ever chase price.

All are Swing trade, so if you want to profit from the analysis chose to buy PUT options for OCT series.

Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice.

Trade active

Bought GAIL OCT 85 PE

Trade closed: target reached

Comments
00160df7403944008fa058298d39f0
It touched 81 and reversed, still consider for put target 80, 75 or can we buy CE for 92,95,97 tgt
iamPotato
@00160df7403944008fa058298d39f0, Looks weak to me. I exited PE at high of 5 on OCT 85 PE so will consider put target of 80.
iamPotato
@00160df7403944008fa058298d39f0, Again it touched the upper trend line exactly and headed down. :)
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