GAIL trade ideas
WILL FALL FOR NXT TWO DAYS !! IF MARKET STAYS IN THE SAME WAY!NOT GOOD TO GO NOW ..I M TALKING ON THE SHORT TERM BASIS ..FOR NXT 2 DAYS
GAIL Levels For TomrrowIf it holds the support then the target is 135 and the second target is 140.
If it doesn't hold Sell Target 128-129
GAIL - Ascending Triangle - LongGAIL has formed Ascending Triangle and has Trend Line Resistance at 129
If the Script Break above 126 and break the Trendline of 129
There has positive movement.
Entry: Above 126 ( Close Above in Daily Time Frame)
Target 1 - 140
Target 2 - 154
SL - 112
Disclaimer: Kindly do your own analysis before executing the trade.
GAIL -Long_01_18_2021GAIL
BUY ABOVE 140
STOPLOSS 125
TARGET Open
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Breakout in GAIL India
Breaking consolidation range of Sep-Oct 2019.
Above 200 day Moving Average
There is a gap up opening on 12-Jan-2020 which might get filled. Below 2 entry scenarios can be considered.
Scenario-1
Entry @140 when gap gets filled
Stoploss 135
1st Target 150
2nd Target 160
Scenario-2
Entry @150 if gap doesn't get filled
Stoploss 140
Target 160
Gail - Go Long !!!Go Long if gives low volume pullback till 136 with sl below 132
or
Go Long if takes a pause near 140 area and gives buy signal ( Hammer/Engulfing) with sl below 138
or
Go Long if Breaks 142 with volume with sl below 140
Wonderful multiple confluence supporting the long of GAIL#GAIL supporting long in coming days shown by a breakout from the multiple confluence analysis. Trendline BO, double bottom/W pattern, resistance BO. Can enter above 124.5 and for a target of 135.
GAIL - Ascending triangle pattern at monthly TFGAIL - Ascending triangle pattern formation at monthly TF
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
GAIL - TRENDLINE BREAKOUTPrice broken weekly trendline with good volume. Long position with target 128 and stoploss 123.5
