Hello gail india short term swing trade buy above: 156 target: 170 stoploss: 153.
LOGIC BEHIND TRADE: Stock has formed W pattern on 4 hr chart & given breakout of dynamic & static resistance, breakout buying strategu (Target identified from harmonic xabcd pattern level 1.414) stoploss is taken low of resistance candle. NSE:GAIL
Gail is taking support from the trendline and looking good Buy above 152 for upper marked targets on Chart until 145 is intact on the downside on a closing basis.
To motivate me, Please like the idea If you agree with the analysis.
InvestPro India Team