We are Going to Honolulu I wonder weather the people call them self as Analyst or research person have any kind of knowledge with them at all They only try to put information in random manner with out even having an complete sense of how things work in Stock market and Mass people ( so call retail traders as sheep ) follow them without even knowing what is the performance The scrip is in well position of moving up one more impulse leg The price from inception have made an 1st impulse leg up and then it entered in correction ( Function of time ) and completed its all three corrective moves which are labeled as A B C , where as Wave A & C represents 5 wave move and Wave B represents 3 wave move Wave C of last move down fell short by price move but met the time factor correction by days / week , and lastly Momentum have given the confirmation of its end of wave C One can look for position them self as long term position and look to book near the forecast Patience is key for better earnings Good luck Longby ShreeKrishna_FUpdated 111113
Bullish IdeaConsidering the Graph, Volume and trend lines, may touch 240. This is just an IdeaLongby soniabhishek0070
GAIL ConsolidationConsolidated stocks typically trade within limited price ranges and offer relatively few trading opportunities until another pattern emerges. Technical analysts and traders regard consolidation periods as indecisive and cautious.by hrithick198
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in GAIL BUY TODAY SELL TOMORROW for 5%by Kapil-Mittal226
Gail Seems Ready to Blast AgainNSE:GAIL Stock will do well after 210. - Forming Symmetrical Triangle on Daily Chart - Volume Buildup can be seen clearly Longby Trendxinc10
broadening wedge patternbroadening wedge pattern forming in GAIL. Strong resistance tested @ 200.85by hrithick19667
GailSupport-195 Resistance-200 Level open till-190. Trade with levels and risk management for upcoming days.by yatin_patel165
Bullish on GAILGail could be brought above 205 without any doubts, levels are mentioned in the chart.Longby nyadav030Updated 18
Short Term Positional Trade Idea on GAILNSE:GAIL GAIL mad new ATH by broking previous High. Next target as per Fibonacci 1.618 extension is around 215. Trailing Stop Loss near 190.Longby RKMAURYA3
GAIL risky long at 178Pullback trade, structure is compromised hence high risk RS is strong on both daily and weekly High volume pin bar suggesting temporary selling climax Tgt 196 sl 168.7Longby trendtrader06Updated 3
gail stock : gail trade : long (cash segment) buy @ 193 above sl @ 182 target 1 @ 205 target 2 @ 225 note : this information is only for educationLongby cbk2572
GAIL LOOKING GOOD OVER Rs.180/-Gail Looking good with a positive bias clearly over trend line drwan in the chart with a SL of Rs.180/- .Hold unto Rs.199/- Longby dk11752
GAIL READY TO SAILLLLLthe stock has formed complex cup with handle pattern and has retested the 114 level the stock can rally to 132 in no time Longby keshavmaharaj958Updated 2
GailBreakout chart Good dividend stock Near sentiment resistance level Huge volume building I think it clear 200 level Better participate above 200 level Longby investigationofchart558
Gail at confluence zoneGoing long in Gail. Box breakout Sector is in strong uptrend Pullback to 200 MA (1H) on low volume Targets are big compared to SL Potential risk reward is close to 1:5Longby ST_SNOOPYUpdated 1127
GAIL-Short for 8% fall GAIl facing resistance at 185 level MACD 12-26 falling favourable RR target and SL marked Shortby FrankzMDUpdated 6
Buy Above TrendlineFollow the process not Money The Trend is the Best Friend Plan the trade and Trade the Plan Stoploss % are given below the low lines..by AhmedabadTradebulls3
Understanding of lower & lower and higher & higher on technical Understanding of lower & lower and higher & higher on technical 04:04by raghav12081
EXPECTED DIRECTIONAL LEVELS FOR THE YEAR 2024In this idea I am going to introduce you all my new concept for positional buying in the form of a simple strategy . I have noticed that many of new investors and traders enters in the market in random manner either they enter in a running candle or they enter by choosing some moving averages or RSI but whatever they choose to enter a trade they mostly miss the value area. So the purpose of this concept is to entry in a position at a value area which means no jumping into a trade in a random manner. Although these levels are enough for this year but if all the marked level are exhausted the i will republish the Idea with additional levels. Questions: What are the rules for the strategy ? Answer: I have marked all the important value buying area along with a stoploss in the chart where the decision to enter a trade should be made, If you have a buying view or you find that market is bullish but you are not able to figure out where to enter and where might be the target then these levels will surely going to help you out. Question: So is this concept always going to work out? Answer: No , Stoploss are going to get hit sometimes but i tried my best to make it more useful. Question: When will this strategy work to its full potential ? Answer : If the stock is in trend then the win ratio is great. Use these levels either standalone or with your strategy to have an edge in the market. If still you have any questions the just drop a message or a comment .!by prachitv11
Large Rectangle Breakout Seen in GAIL India Ltd.Hello Traders, i have brought another analysis on a pattern breakout which called (Rectangle Pattern). Well i have marked and written most of the things on chart, but still i am gonna to teach you here guy's about this pattern so if you see this next time, at least you guy's will be able to trade. So Let's start:- Q:- What is Rectangle Pattern and How to Use Rectangle Chart Patterns to Trade Breakouts? Rahul:- A rectangle is a chart pattern formed when the price is bounded by parallel support and resistance levels. A rectangle exhibits a period of consolidation or indecision between buyers and sellers as they take turns throwing punches but neither has dominated. The price will “test” the support and resistance levels several times before eventually breaking out. From there, the price could trend in the direction of the breakout, whether it is to the upside or downside. we can clearly see Above in GAIL chart that the pair was bounded by two key price levels which are parallel to one another. So, Traders, i hope you Guy's have learned today how to Trade Rectangle Pattern, but Mates We just have to wait until one of these levels breaks and go along for the ride! Remember, when you spot a rectangle: THINK OUTSIDE THE BOX! That's it. So now let's focus about company background. Incorporated in 1984, GAIL, a Government of India undertaking, is an integrated natural gas company in India. It owns over 11,500 km of natural gas pipelines, over 2300 km of LPG pipelines, six LPG gas-processing units and a petrochemicals facility. It also has a joint-venture interest in Petronet LNG Ltd, Ratnagiri Gas and Power Pvt Ltd, and in the CGD business in several cities. GAIL has wholly owned subsidiaries in Singapore and the US for expanding its presence outside India in the segments of LNG, petrochemical trading and shale gas assets. Market Cap ₹ 76,074 Cr. Current Price ₹ 116 High / Low ₹ 123 / 83.0 Stock P/E 18.4 Book Value ₹ 98.8 Dividend Yield 3.46 % ROCE 9.79 % ROE 8.69 % Face Value ₹ 10.0 Debt ₹ 17,816 Cr. EPS ₹ 6.32 PEG Ratio 5.93 Promoter holding 51.9 % Intrinsic Value ₹ 309 Pledged percentage 0.00 % EVEBITDA 10.8 PROS Stock is trading at 1.17 times its book value Stock is providing a good dividend yield of 3.46%. Company is expected to give good quarter Company has been maintaining a healthy dividend payout of 43.6% CONS Company has a low return on equity of 13.8% over last 3 years. Earnings include an other income of Rs.2,947 Cr. Important levels for GAIL India Ltd. Buy in between 112-117. Targets we can see 130/140+ Keep Stop loss at 108.5 Price is above 200 EMA We have seen Proper Breakout of Large Rectangle Pattern in weekly timeframe. with Good Volume Price is sustaining above breakout trendline and it has given pull back to retest the levels MACD and RSI has given bullish crossover (I have not placed RSI here as i want chart neat and clean but i have analysed already) Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou. Editors' picksLongby TraderRahulPalUpdated 4141 1.4 K
Gail going for a dip after ATH. Bearish move expected.Gail has given a nice bullish rally after crossing the previous ATH of 131.5. There has been a 30% bullish rally. It has formed a double top and once it starts trading below 155.80 level it will confirm a "M" pattern too, Today there was a nice sell of in the stock and it closed 5.5% lower with good volumes. Even the RSI indicator is showing a bearish divergence on the daily charts. Chances are thereof it testing the lower levels around 151 and 147. Target levels :- 151.7, 147.5, 142 It has closed below 38.2% fibonacci level, will come to test 50% and further targets of 61.8%. Wait for the stock to cross today's low after a flat or slight gap up opening. The retracement after forming a new high is remaining in the stock. And profits will be booked by the swing trades. Keep in mind the R:R ratio and SL while entering the trade.by MambotradeUpdated 5
GAIL | Monthly Chart | 6 years ATH BO | Basing patternChart analysis: Pattern: Basing pattern is formed and breakout happened in Dec 2023. Breakout: Basing pattern is broke the All Time High (ATH) price after 6 years. Volume: Volume spike is there during BO and the volume is above Moving Average. Target of BO: 223.2 Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades Longby SanjogYUpdated 19