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Gailanalysis

Gail technical analysis (28/05/2021)Gail was in a good uptrend on long term. from 165 it started to correct in a falling wedge pattern took support at 145 (50% of last up swing) and broke out the wedge pattern it broke out from the wedge and made a high of 155 and again made a small correction till 150(round number+50% of last upswing) it is making a bullish harami pattern(15min) with huge volume at the latest uptrendline. If it opens gap up then breaks and close above 155.65 then my next target will be 158 intraday. 155.6-158 If it opens flat and move downwards i would like to see it taking support at 150+major uptrendline for a positional buy for few days. The structure is changing from sell on rise to buy on dip for short term. This is purely my personal view trade ; NSE:GAIL at your own risk and reward
NSE:GAILLong
by vyas1394
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.
NSE:GAILLong
by EntryandExit
3
GAIL SHORT TERM TO POSITIONAL IDEAGAIL has been showing good bullish momentum since past 3 weeks (Check weekly chart). Price has now come near to resistance area, but there is a gap of 2-3 points which needs to be filled until a trade can be executed. I only go long in stocks which are trading above their 50EMA and GAIL has recently crossed that level so the trend is in our favour. Risky traders can enter above 97, but for proper risk management I will enter only when the gap is filled. Here's the indicator analysis : I am still trying to figure out a good setting for ADX. Here, I have used ADX(8) with DMI(13). And,as to why I am not interested in the trade right now near these levels is because the upper close of the gap is also a 50% fibo level as shown in the image below :
NSE:GAILLong
by internal_0rgan
5