Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
IF PRICE OPENS BELOW THE ENTRY LEVEL AND THAN CROSSES ABOVE THAN ONLY ENTRY IS VALID
Breakdown From A descending Triangle on a Daily Chart. supported By Volume and Negative Crossover Of MACD.
Gail is trading at Strong support zone. For over a week Gail has attempted to break down this area, but didn't quite make it. Now, that the candles too are suggesting an incoming buying pressure from this Strong area. Gail could probably bounce back to 135 / 140 levels in the coming days.
One can look for buy set up and look to trail your stop near take profit as 1st target and wait for price to make strong move out form the structure , if moved out then look for trailing the stop on daily close basis and book near target using trailing exit method
Long 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...
#GAIL has came out of SELL Line . Now Struggling around Resistance placed at 125. A positive close will give more upside .