CPSE index has broken the double bottom pattern with a huge volume marking it bullish, moreover it did not participate in recent bull Run. So BEL, GAIL, SAIL, CONCOR might give gd return in coming weeks. One can look for CPSE ETF also for some quick returns in coing days
Gail India looking good right now. NSE:GAIL
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...
Don't Forget To Like And Follow me @truecosmos " So You Never Miss my Upcoming Analysis. If you Not Like Then You Can Easily Un-follow Me
Expecting 10 percent profit from Gail .
GAIL is in consolidation mode with below average volumes which is a prerequisite for a consolidation. I am starting a new telegram channel. To join my telegram channel, leave a comment with "interested."
Note: This is for educational purpose only. There seems to be a W - double bottom pattern formation in play. Moreover, there seems to be a bullish hammer formation at long term support. If the W top is broken with high volume, there will be more upside.
GAIL (India) Ltd is India`s flagship natural gas company integrating all aspects of the natural gas value chain including exploration and production, processing, transmission, distribution and marketing and related services. Though the International Natural Gas Prices acts as the LEAD INDICATOR for GAIL Share Prices. Don't take my word for it, go and check...
GAIL - Bullish setup 4 hour chart analysis Harmonics Pattern Hope my Chart Helps !!!!
Gail is following a trend and it broke an year old resistance line. Support and resistance lines are drawn so place your trades accordingly. Well in weekly charts it has formed hanging man candlestick pattern which in uptrend is a reversal pattern.
Note: This is for educational purpose only. There is a build up near resistance in GAIL. Moreover, there is ascending triangle with RSI above 60. Seems bullish momentum.
Gail Monthly chart 3rd time on demand zone
DISCLAIMER: This is one of my personal view and not a recommendation. ₹100 is a strong resistance point, if its broke ₹105 could be a nice bet. ₹96 would be a strong support point, if its broke ₹92 could be a good bet.
Looking at GAIL higher highs / higher lows and sector growth from past couple of days ... Once sustains above 97, we can see targets of 100/105/110/115 Pls add to watch list
GAIL 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 move to 88 to 90.5 levels if breaking 85.3 in couple of sessions