Gail (W):
1. Breakout (with good volumes) and retesting has been done
2. Took support at 61.8 Fibo Levels
3. Also closed above 13 Weeks Exponential Moving Average
Gail (Daily):
1. Symmetrical Triangle Breakout
2. It has also retested its Breakout (Formed a higher low)
3. Also bullish candlesticks patterns like Inverted Hammer and Bullish engulfing has been...
Gail has made a ABCD pattern on the chart and it has retested the previous high around 150 Levels and bounced from that level and 15 level is also its 21 day moving avg level
One can go long around CMP 152 with SL @ 136 (78.6% retracement level for the recent up move)
RSI Indicator bouncing from 50 level also suggesting buying at dips.
GAIL giving breakout in Flag within channel
Technical indicator RSI ROC and Vortex is bullish and above 200 EMA in daily chart
I am seeing 20% upside in GAIL
GAIL (India) Ltd is India`s flagship natural gas company integrating all aspects of the natural gas value chain including exploration and production, processing, transmission, distribution and marketing and related services.
CMP: 144.30
Gail India has 51% promotor holding and good rally can be seen in coming Days.
Gail India has completed its 4th corrective...
Potential Opportunity as Swing Trade in NSE:GAIL
Risk : Reward - 1:2
Entry - 136.00
Stop Loss - 129.80
Target - 148.50
This is for Educational Purpose only, apply your prudence & consult your adviser before investing.
#nse #swingtrade #nifty #gail
GAIL on Support
Twezzer Bottom
GAIL (India) Ltd. engages in the exploration, production, processing, transmission, distribution, and marketing of natural gas. It operates through the following segments: Transmission Services, Natural Gas Marketing, Petrochemicals, Liquefied Petroleum Gas (LPG) and Other Liquid Hydrocarbons,
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
