GAIL - NARROW RANGE#GAIL
BUY ABOVE 101.85
SL 200EMA
TGT 102.9/ 103.9/ 105.05
SELL BELOW 400EMA
SL 100EMA
TGT 98.30/ 96.9/ 95.9
GAIL trade ideas
Took support to cross 105 where we can take the trade.Price rejecting at 105 many times as shown in pic. Now price took support from the trend line and it is super bullish. This time it will break the 105 level and breaks through easily
GAIL TREND ANALYSISGail is following a trend and it broke an year old resistance line. Support and resistance lines are drawn so place your trades accordingly. Well in weekly charts it has formed hanging man candlestick pattern which in uptrend is a reversal pattern.
Intraday Trade :- GAILIntraday Trade Setup..
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GAIL is in downtrend and following trendline..
..Support 102.15
Analysis ( Buy/Sell levels) mentioned on chart....
Comment your views.....
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**** BUY/SELL only if first 15min candle closes above or below given levels.
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Thank you,
Vishwajeet Sharma
GAIL - Build up near resistanceNote: This is for educational purpose only.
There is a build up near resistance in GAIL. Moreover, there is ascending triangle with RSI above 60. Seems bullish momentum.
GAIL INDIA LTD. - Symmetrical Triangle PatternGAIL INDIA LTD.
#GAIL has formed a descending triangle pattern in 30mins within a larger symmetrical triangle pattern. Prices faced strong Support from the trendline and bounce back up.
RSI is at 50-level and is moving sideways.
TT2 trend is Bearish in 30mins.
Once the price gives a breakout from the Descending triangle, the next resistance is the upper trendline and then 107. Support is lower trendline and then 103.15.
If the lower trendline is broken with Volume and Conviction, the next Support is 102.4/101.5/100.65 and the resistance is the lower trendline.
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.
GAIL INDIA Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
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
