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
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.
Gail Long BreakoutGail can give a long breakout above 437.30 for the upside level @ 442/445 if do not break 434.20 on downside.
Gail to continue its bullish trendGail India Ltd. trading in bullish phase also confirmed breakout the wedge pattern and bullish flag pattern. it is technically looking strong enough and may go further upward with a target of 500.00 in near term. traders may go long on this stock, enter long slightly at lower price as if market open in red it may retest the previous level 440.00 or further may go below this level. stop loss may be set around below 420.00. with a target of 500.00
GAIL Positive Breakout It is been observed that the price action breaks out from a channel on hourly chart indication buyers pressure. It is another consecutive positive breakouts after previous desending triangle breakout Now, the price action is bullish and it shall further move to 430 levels.
GAIL INDIA LIMITEDGAIL INDIA GIVEN FRESH BREAKOUT AT 420 NOW BUY STOCK NEAR 420 IN CASH STOP LOSS 414 TARGET 426-431-436
OR
BUY GAIL FUTURE AT 424-422 STOP LOSS 416 TARGET 430-435-440
