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.
Hello Guys , Today I Have The Technical Chart of GAIL it has breaked the head and shoulders today but now I think it can go down to the Targets shown as it has Breaked here and ready for go on a Bear Trend and now lets talk about the targets . So its target could be 124 . BTW It is Based on your Risk To trade on it or not and Don't Forget to Like the Idea and...
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 India has completed its 4th corrective wave, where wave C is the last leg of correction. Price took 27 weeks to complete the corrective wave ((4)). After completing the wave ((4)), the price has broken the sub-wave iv and signaled a rally. It also has entered into the corrective channel, and this rally can make a new higher high . The traders can...
GAIL FUTURE. looks good, check out for the best entry and enjoy the profit
SELL Gail below 155 TGT 142 SL 160. short term trade. the support level is expected to BD & RSI also forming negative candles. So we have a bearish view of the stock. This is for your educational purpose only.
Gail on a weekly time frame has crossed it resistance level and has closed above it. The stock looks bullish and can make new ATH. Daily time frame, there is a crossover of the moving averages which give another confirmation of a bullish rally. Support :- 165, 160 Resitance :- 170, 177 The resistance are taken from the fib levels and previous high. Wait for...