Gail has formed a Double Top pattern on the daily time frame and we have seen the breakdown on Friday, One can sell around 136 for the target of 105-103.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Hey guys it's for Monday. Look if it take support near or in the rectengle area then it should go up. So here u can enter where u want but best exit point would be 200 ma the black one.
But ofcourse trade with system stop loss.
FRESH BUY CAN BE MADE .
ADD MORE NEAR SUPPORT.
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
SIMPLE PRICE ACTION IDEA
GAIL has been following clear trends since December' 2020.
Recently, very positive earnings were released. Massive buy volume to be expected.
Price recently took support on 100 MA cluster on daily TF. . On smaller TFs, bullish divergence can be viewed on RSI as well.
After a long consolidation since June'21, the stock looks ready for...
SIMPLE PRICE ACTION IDEA
GAIL has been following clear trends since.
Recently, very positive earnings were released. Massive upside potential
Price recently took support on 100 MA cluster on daily TF. . On smaller TFs, bullish divergence can be viewed on RSI as well.
Daily Close Candle above 157 can yield targets of 170+ (Target 1)
If the weekly resistance line...
Gail is taking support from the trendline and looking good Buy above 152 for upper marked targets on Chart until 145 is intact on the downside on a closing basis.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
1. Best Price between 145-154
2. Stop lose - Weekly Closing below - 139
3. Gail is trading inside a channel
4. Channel Support and 50 EMA Support
5. As per volume profile 145 and 154 has an huge volume so it may act as support/Resistance
Caution : Keep Strict Stop lose Because its looks like double top
Gail looks strong in such weak sentiments as well, Buy around 159-157 levels for the marked targets on the chart.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
A double bottom has formed and moved up on weekly chart!!
out of 16500kms network of gas transmission 11500kms belongs to gail.
A good news is also on the way where govt is trying provide subsidiry on these line which will hlep the books get better and therefore this stock can perform in comming days.
if you are holding don't sell this,It is a buy on dips stock...
Price action signaling recovery from downtrend with higher high formation.
recent candles have rejections from bottom.
entry at current price.
sl at breach of support line.
a thing which struck me about this scrip was how beautifully in sync the higher and lower timeframe pitchforks are. Moving as one.
The scrip formed a bullish harami/doji right on the lower parallel line with a long lower tail. So the recent correction maybe over?
Next couple of days should be interesting.Will keep an eye 👀
**I will be posting ideas for my...
This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:GAIL
