GAIL INDIA Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
GAIL trade ideas
GAIL INDIA LTD. - BREAKOUT??GAIL INDIA LTD.
#GAIL tested the 103 resistance level twice today and closed below it.
RSI is in BULLISH Zone.
TT2 15mins trend is BULLISH.
If the price breaks 103.5 price point, the next resistance is 104.5/105 on the 15mins chart.
KEEP AN EYE!!
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.
GAILI reviewed this in May when the price was 88 and we were on the same channel where we are today. Since the channel is in a small range channel, it might be useful to enter near the boundaries to minimize risk.
GAIL INDIA LTD. (S below 102.5 SL 104.5 TGT 100.5GAIL INDIA LTD. (S below 102.5 SL 104.5 TGT 100.5
#GAIL took resistance from 106 level and has formed a descending triangle pattern in 30 mins charts.
RSI took resistance from 50-level and seems bearish.
TT2 trend is also bearish.
Wait for the prices to give a breakout.breakdown from the triangle pattern.
Once the low 102.5 is broken with Volume, look for a sell opportunity with Intraday SL of 104.5.
The next resistance on 30mins chart is 100.5.
KEEP AN EYE!!
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.
CHANCE FOR A fallMost probably there will be fall and after it will attempt to break
buy on break ie above 109.8
for a target of 115,117
Sl at 107.2
study and trade
GAILToday GAIL have given breakout with high volume and RSI is bullish divergon zone. so coming days it will be gone upto 111,119 131 with 97.5 stoploss.
GAIL - To be on radar.Study:- PCR - very bullish; Long positions being built as observed in OC.
Vol spike observed today. If it crosses 106.5 then it will reach 110 where 200 DEMA resides. 10 L OI at 105 is at risk if it trades above 105. Should sustain above 100.
*This chart is for educational purpose only.
GAIL LongThe price is a the important 0.5 retracement level. The short term Target is 107.05 with SL at 96.5. Providing a RR of 1:2.5
Stay Tuned for the Nuts Analysed levels mentioned on chart!!!
Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
Gail Seems Weak on Intraday chartsSELL GAIL around 96 tgt 94.5 stoploss 97 (Disclaimer : This is my personal view and only for educational purpose .It is not not an Investment /trading advice )
GailWill come down to buying zone. Wait for reversal confirmation before taking any trade.
*This chart is only for educational purpose.
