GAIL at available at good correctionGAIL at available at good correction and at trend line support. One can go long for investment purpose at this price.
GAIL trade ideas
GAIL Nice Trade Setup !!TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk:Reward: 5-7 times.
Breakout possibility in GAILA small breakout can be expected in GAIL as shown in chart.
Duration 2-3 sessions, ROI~15%
Conditions:
Level to hold- 157
Straight Target- 183-185
NFA. Do your own research before following.
Gail Break Its Support on 1H Time FrameGail Break Its Support on 1H Time Frame and Retested Its Support
Range breakout in GAIL.Range breakout in weekly timeframe can be seen in GAIL, can be bought at CMP for the above given targets in chart in coming weeks/days OR if you get in 162-165 zone can be a good pick, green dots shows, previously the line has acted as a support line, dot shows that the line has acted as a resistance line. 182 and 194 are the two ultimate targets. Go with a strict stop-loss of level 150 (only on closing below basis)
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS.
Gail Bullish or Bearish? Lets see#GAIL
This is classic case where in 2 logic Mixes.
First Logic - RSI divergence exactly at the Trendline. Previously same thing happened in feb-march, shown by white arrows, where Price fell. Will it fall again? But the sector is bullish...
Second Logic - Ascending broadening wedge or Ascending Megaphone in Daily.
Price closed exactly near trendline. Also there is a gap created exactly 2 years before between 4th June to 6th June 2019.which is exactly above today's high. Will the rally continue and fill the gap?
Take your Pick, what you wanna do..
long and short levels on chart.
GAIL - Breakout of Cup Formation. At current level the GAIL has given a breakout of a cup formation, this may touch 180 in near feature
Gail Long updateGail reached marked target of 168/-
Once crosses 169-170 next target 181/-
Target suggested on the basis of gap filling.
Let me know your views.
.
Learned technical analysis at Patil share market institute Aurangabad, Maharashtra.
GAIL Trade Setup & Trend Analysis !TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk:Reward: 8-10 times.
Time: 12-15 Days
Gail: 20% upsideDate: 24 May 2021
GAIL (CMP:151.70)
Falling wedge and penant flag breakout.
All targets and stoploss given in the chart.
GAIL_Bearishness can be seen if market goes downone can short after seeing the index movement.
(educational purpose only)
Gail 162 - achieved targetGail 162 - Has achieved target 162 as posted at 152 on 30/05.
As we find a BAT pattern and negative divergence in indicator we expect it WILL BE bearish below 164.
VIEW WILL GET NEGATE IF 164 BROKEN OUT
