im beginner , Gail is on long time trandline , its breakdown today and near retest , comment and suggest if something can be good ..
Buy GAIL near 87-90 or on current market price for target 97.
Gail : Beautiful structure in weekly chart >> PSE Stock >> Declining Crude oil Prices will be positive for this stock >> Be patient with this stock >> Trade Level to Level Happy Trading !!!
1. Eicher motors 2. Gail india Time frame daily chart Simple price action format
Gail on the weekly time frame has closed above both the moving averages but is near a resistance. The stock even on the daily time frame has crossed the 200 ema and closed above it. The stock has also given a break out of the consolidation box. 3 point confirmation. 1. High volume box break out. 2. Closed above 20 and 200 ema on weekly time frame. 3. Closed...
Break of Trend line Break of W Mid Pattern Triple Bottom Support Good Risk to Reward Strong support area at 88 Buying Near 89-90 Tgts - 92-95-99
In the daily time frame we can see GAIL is taking resistance from a trendline, and also GAIL is near a major support zone, so if it can take support there and goes up to break the trendline then we can see a short term bullishness in GAIL.
A very good buy around 90 Target 93-95-97 SL 82 may go 100-102 but be careful, there is very strong resistance at those level 👍
NSE:GAIL showing possibility of triangle pattern breakout/breakdown on weekly/daily timeframe, keep close eye on it.
THEORY: This pattern forms after an extensive upside rally. It consists of a left shoulder, a head, and a right shoulder. The left shoulder is formed after a big bull rally in which the volumes are quite large. At the end of the left shoulder, a minor correction takes place on the downside which happens on the low volumes comparatively the starting of the left...
Hi everyone, This is the Daily chart of Gail. If Nifty Stops falling This can be a good entry The price is consolidating in a range (Sideways) . The price is forming a Head and Shoulder Pattern withing the range.(possible for Bearish). Risky but good reward trade for swing: Entry: Above 123 (candle close in Daily chart) Reason for entry : ...
Two scenarios . 1. The stock has made H &S pattern. The pattern must break the historical support and retest the area for confirmation showing bear grip. 2. The area of confluence + Strong Q1 results + positive global sentiments shows bullishness in stock. A rejection long wick candle validates this but the H & S pattern formed may trap investors. 3. Since the...
Current trend Analysis with trendlines for Daily Weekly Monthly charts
Right time to invest on Gail..Its going to reverse back as there is a high support level
Sell Gail between 132-136. Target 120-115 with SL of 142-145. Good risk to reward trade. Long-time TL support has been broken & Stock forming lower lows on multiple intervals. This is for your educational purpose only.
So far gail india is respecting its 200 ema let us wait for the next move
NSE:GAIL Observations: 1) On 15min TF we can see there is resistance channel. this resistance channel has been tested so many times. Please refer below chart : 15min time frame. ------------------------------------- Trade Setup for 06-06-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge...
looking very very strong. take entry above 135. best swing trade.