GAIL Long Short TermGAIL Chart looks good for upside in the short term. Fundamental reason is forming a hammer on daily and weekly candlestick charts and holding up well in the falling market.Longby Observe_Think_Act_ThinkUpdated 0
Any failure to move above 85 will induce more correction The stock is into dominant trend down and this pullback seems to be corrective. Now the stock has faced resistance and the momentum indicator is also taking a halt at the bearish extreme. Any failure to move above 85 will induce more correction and the stock may further correct to 65 & 44 levels. However a move above 85 may push the stock further towards 103 & 125 levels.Shortby BharatJhunjhunwala3
Swing optySwing Opty for educational purpose Buy at CMP ~122. it can give levels upto 132Longby myTrendsUpdated 0
GAILGail India may take support near 116-117 if market supports. As per the Volume high side is from sell but let see what market do If take support as per level then may hit 121 as there is GAP down and this GAP will work as resistance till it break by sj270
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 ShreeKrishnaUpdated 11117
If you Understand this simple logic ( You are the winner ) Price movements are very informative in its nature but one has to identify them and their intentions with Guided methods By saying Guided methods means , they must perform on real time basis and also the guidelines should be supported by other indicative information Now here i am expressing two system to be followed 01) A Method of identifying the trend along with its Rules & Guidelines 02) Indicative information is nothing but a price and tools of charting ( Indicators ) both have to meet the a proper clear information of all the parts of trend , Trend following , Trend pause , Trend continuation , Trend termination , Now i have made small efforts in the charts by placing an Labels , and detailing it , I usually dont put any labels in my chart ( due to continues practice & Expertise ) My message to you all is , Follow a method in the stock market that suites you , Follow a system that suites you Follow a procedure of entry & Exits that suites you I am Following an Wave theory , that is researched by R N Elliott , and reviewed/ Accepted by many historian Analyst in stock market Please do not try to teach me , Please do not try to comment un-necessary in my charts because you know something big then me , if you know it please enjoy your self i dont need any thing from any one Those who are learning try to learn in simplest manner , do not complicate your methods Good luck by ShreeKrishnaUpdated 116
Short GAILBollinger bands expanding volatility and looking weak on charts Fib levels are breached heading to target of 110Shortby djsameerrulesUpdated 0
#GAIL - perspective Evening Star on Yearly Charts & now resting at / testing the Ascending Triangle Breakout Level. by WaveAnalytics_IN223