GAIL BreakoutGAIL has been moving around the neckline for over six months now.
currently right in the neckline, awaiting breakdown/reversal.
GAIL
Gail : Flag, Breakout & Up ?!In Gail the upside move will be more clear only if 386's zone convincing get crossed but we are entering based on Breakout & the pullback from today's high ( 5 mins can't be posted here ), so with the same triangle logic entry.
But for few the uncomfortable thing here is, it didn't cross the resistance zone ,so doubts will arise. When uncomfortable or doubtful about trade, just watch, far safer than putting your money ! Only if its as per your plan take the trade.
gail looks bullish in medium termgail is moving in an uptrend channel in weekly, and now at channel support, also hidden bullish divergence is seen.
so sl - below the channel support - 342, and 1st tgt - previous swing high - around 425
GAIL- BULLISH ABOVE 370Buy GAIL above 370 for target of around 400 with strict SL as highlighted in the chart...
Go LONG on GAIL if it crosses 383.As per newton method. Go Long if it crosses 383 with Target of 403 with SL of 373. If it keeps falling then there is no trade.
Gail - opportunity for longBased on the chart BB and 200 MA show a support level, wait for a 1-2 flat or green close to confirm support and bull trend.
Gail : A Good BreakdownNice breakdown in Gail, check your tradeplan for entry. Anyway at times if lucky we will get slight pullback to triangle itself. All The Best !
Trading The PullbackAfter the continuous selling in GAIL, now probably it may look for a pullback around 38.2 Fibonacci Level.
Entry can be at 380-382 Range if price action seem bullish, if it trades below the low of the previous candle (379.80), Be patient and wait for the price to cross above 380 level to enter.
Trade has a good Risk/Reward.
Energy companies are toastThe CNXENERGY index is showing ominous signs.
These stocks haven't been doing too well recently but have enjoyed a sustained uptrend.
It's time for reversal now. The fundamental picture is not at all good and this move downward is just getting started.
For more thorough analysis, check out my daily NSE dashboards at
rpubs.com
Gail : Can I get it right ?!I think, Am bored today... charts coming up one after other or I'm not sure whether I'm seeing setups easily today. Anyway here is another Gail for you, as usual go with your plan.
Just note how simple elliot counts can help our trade setups, so people worrying that we dont know complex elliot's, there is nothing to worry about that !
GAIL : I Got You, So far it seems so !I m not sure whether old strategies in the trunk Got Me or I Got that, but now another trade setup in Gail, as this charts are like Holi colors, Gave away approx stop, target , Entry zone. Check with your plan before trading. But as far as now, Gail : I Got You :)
Note : That's a song by Bebe Rexha ( I got you ) with some fantastic beats, enjoy if you have time !
GAIL Short double Top/Regression Channel BreakoutThe stock has nicely formed double top pattern and gave clear breakout. It is also trading out of Regression Channel and RSI trading below 50 is confirming the bearish view. One can short the stock and look for the target of 353 in coming days.
GAIL Elliottwave view: Waiting to get 355 to build long positionStrategy: Buy the dip of 355
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GAIL is trading in consolidation mode after hitting it's target of 400+. We were long from 325 and book profit at 390. We are calling consolidation from 374.90 price and expecting this consolidation will be zigzag correction and can extend to 355.
Strategy: Buy the dip of 355Strategy: Buy the dip of 355
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GAIL is trading in consolidation mode after hitting it's target of 400+. We were long from 325 and book profit at 390. We are expecting this consolidation will be zigzag correction and can extend to 355. Break of current price 375 will expose to 364 and post that 355.
GAIL ROUNDING PATTERN TGT 503GAIL HAS FORMED ROUNDING PATTERN
if give close above 443 buy will trigger
tgt 503
enjoy trade
Gail trading at rising wedge resistance Gail has been approaching rising wedge resistance 475,traders may enter short with SL 480 with a target of 445 in near term.
GAIL - TECH ANALYSISGAIL -
CMP - 460.50
All expalanation on chart itself.
Use it to trade according to your strategy.
Glad to help.
I hope you like it.
Gain India breaks triangle,targeting 480 levelGAIL has been trading in uptrend and it traded in consolidation and broken by breaking a triangle pattern and it is trying to retest the triangle support which may be a good buying zone,traders may enter long on dip around 430 with a target of around 480 in near term.
Double top short GAILSimple classical double top has given a breakout and price are testing from the below. Short entry is possible at this level.
GAIL : Watch Symmetrical Triangle to tradeGAIL is making a beautiful triangle with less white space and being compressed from both sides. This Coil when busted may give good trading opportunity. Please watch it and take advantage of it. Good Luck
GAIL - Correction in ChannelIt is been observed on daily chart that the price action is trending up in a channel and now it is breaking out from the previous support levels of 418 and dipping down towards the next strong support levels of 408-405. The sellers are in dominance over price action and it shall now dip and correct further down.
