GAIL long above 101GAIL is chance to long if break the level 101.00 or if go back and break the level 98.50 then its down to point 95.00. but most chance is its go long.
GAIL trade ideas
Good Shorting & Longing idea for GAILDISCLAIMER: 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.
Gail can be good bet on both sideGail is currently at hourly support but RSI is showing bearish divergence. There are chances it might break support. Share your view on this.
Disclaimer: Educational purpose only.
Bearish below 97, Bullish above 1001) Break of flag pattern below 97, may move towards 92
2) Bullish above break of 100 (50% Fib Levels), may move towards 107-118
11.0 Gail - Long ideaCapital available after previous trade 8.0 = 1366662
Risk 0.2% = 4000
Position size = 4000/32 = 125
Investment = 97*125 = 12125
Capital available for next Trade 10.0 = 1366662 - 12125 = 1354537
Inside Bar Pullback TradePrice contracted and breakout expected.
Long above yesterday's high.
Short below yesterday's low.
GAIL LONG POSITIONGAIL LONG POSITION ABOVE 98 HAVING TARGET OF 111 AND 130 AS PER ASCENDING TRIANGLE.
[Buddha] GAIL Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
GAIL - Long above 97 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 SHORT TERM TO POSITIONAL IDEAGAIL 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 enter above 97, but for proper risk management I will enter only when the gap is filled.
Here's the indicator analysis :
I am still trying to figure out a good setting for ADX. Here, I have used ADX(8) with DMI(13).
And,as to why I am not interested in the trade right now near these levels is because the upper close of the gap is also a 50% fibo level as shown in the image below :
Long GailTrade based on the triangle breakout, Expecting around 100 soon, Can keep a stop loss of 5rs RR 1:2
GAILGail is currently at it's weekly and daily resistance. If it breaks the resistance with momentum, we may see an upside.
Go long above 98-100. Manage your risk-reward ratio accordingly.
GAIL IdeaSeems to be forming cup and Handle pattern. Lets see if it can complete the pattern.
If it breaks 97 with volume, can be a good buy.
Disclaimer - Please do your own analysis before initiating trade
GAILWhile we are in an upside channel lately, the overall picture isn't great, no fresh longs till we see a closing above 110. till then it is a sell on rise script
