NSE GAIL May Be Preparing for Its Next Major Bullish MoveGAIL (India) Limited is currently showing a long-term bullish Elliott Wave structure on the daily chart. The stock appears to have completed a major corrective Wave (4) after a strong impulsive Wave (3) rally. The reaction from 0.618 region strengthens the possibility that Wave (4) may already be complete.
Targets: 259 - 293 - 337
Failure to hold above the recent Wave (4) region could delay or weaken the bullish Wave (5) scenario.
Long