Lower Highs and Lower Lows since the formation started in Jan 2018. We had a huge move from Mar this year, wherein we had six months of bullish candles. At Rs 440, its at an interesting juncture. Is it bearish as it appears? or is it some very bullish Chart pattern ? I would go for a bearish stance.
Off the rising Channel (pink ) Though inside the Wedge (rising or falling,...cant makeout) For the last one month (since July 22) its consolidating. RSI is at 50. To mit seems like a Flag & Pennant and the rise would come in the Q4.
200 DMA at 24500 Long term support / Resistance at the current levels. Gaps during the March Fall.
Downward channel since listing in 2017. Why do you want to invest in it ? Would you buy a BSE broking card or a NSE broking card ??
The wide range of Titan : 750 - 1350 The momentum indicators are also supporting the stock. The gap of Nov 2017, never got filled.
Rs 174 , could that be a double top near the long drawn falling trend-line resistance?
The gap is huge and timeframe nearly a year !
Rs 1600 to Rs 3600 in 5 months. Looks like it has outrun itself.
One year of channel Uptrend. But notice the 6 weeks -yes SIX weeks - of lower lows since mid July.
First time since IPO< a meaningful three month long rally. Though its moving in a downward channel since IPO. Will it breach it this time ? I would give it a higher probability.
15 year Long term line (support) tested at Rs 75 Now witha huge move, looks like will stop at Rs 130. BUy....its Electric
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...
target met, now sell and book profits. New Target 51