GAIL
GAIL LONG I hope you can now see how Gail represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
GAIL ready for a big move if the resistance is brokenGAIL had previously broken down from a head and shoulders pattern at current levels.
Going by theory, the same point will now act as a resistance. If this breaks, there could be a move towards 105 for GAIL.
One more point that nudges in the direction is the formation of the above average volumes. Also, higher highs and higher lows.
Please like and follow.
NSE:GAIL
GAIL | Be Ready To Buy It.....1. RSI oversold and made higher high while on the line chart there was lower low that means trend is going to change
2. for perfect entry i waited for downtrend to reverse by initiating the trade after trendline break with volume and it is now the same
3. 1st Targets are mentioned as per longterm trenline & 2nd target is based on resistance
DON'T forget to check out the related ideas which i have posted down below
LIKE & COMMENT & FOLLOW
GAIL ANALYSIS AS PER WAVE THEORY
We have a 5 Wave impulse which is a Leading Diagonal forming as such that Wave 1, 2, 3 are complete and now Wave 4 is forming
Wave 4 is a Simple Correction because Wave 2 was a Double Three and now we have a Flat structure forming in the Wave 4;
We see Wave A and B both have 3 Wave structures and now the Wave C the Downward 5 Wave Impulse is forming and we have Waves 1, 2,3 compl-ete and Wave 4 is forming now Wave 4 can go as high as the start point of Wave 2 so anywhere below Rs. 148.75 we can take an opportunity in short and then stay in short and trail till the selling is over.