Gail Potential Swing TradeGail is forming a cup and handle pattern.....
Can give good returns for a swing trader if played out well.
Gail India Ltd.
No trades
Trade ideas
GAIL is going to sail wave 5Gail looks to have come out of wave 4 and now making leading diagonal for starting wave 5.
Leading Diagonal chart as below
Upside potential of almost 60% expected targets near 230. One can look for lower target as well of 0.618 extension near 190.
Details of entry exits and targets as per charts.
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
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GAIL (Detailed Analysis)Gail (W):
1. Breakout (with good volumes) and retesting has been done
2. Took support at 61.8 Fibo Levels
3. Also closed above 13 Weeks Exponential Moving Average
Gail (Daily):
1. Symmetrical Triangle Breakout
2. It has also retested its Breakout (Formed a higher low)
3. Also bullish candlesticks patterns like Inverted Hammer and Bullish engulfing has been formed on Retesting levels i.e Trendline Support
Addl Points:
1. FII/FPI have increased holdings from 18.36% to 19.69% in Dec 2021 qtr.
2. Mutual Funds have decreased holdings from 9.17% to 7.92% in Dec 2021 qtr
Note:
The above analysis is just for educational purpose.
GAIL in SELLGAILis trading under pullback…
According to Study there can be :-
Target 1 -150.00
Target 2 - 148.00
Target 3 - 144.00
From Target 1 or 2 can be a New Upside impulse generator point.
Dividend BenefitGail is announced the dividend of nearly ~3% and increase in the demand of the stock and the projects divesrification strategy of the gail will help to take the stock price to 7 to 8% upside can be seen with stock at cmp 151 it will go up to 165 by breaking recent high of 162.
Gail is our stock of the weekGail has made a ABCD pattern on the chart and it has retested the previous high around 150 Levels and bounced from that level and 15 level is also its 21 day moving avg level
One can go long around CMP 152 with SL @ 136 (78.6% retracement level for the recent up move)
RSI Indicator bouncing from 50 level also suggesting buying at dips.
Intraday setup Gail on march 9thSee the chart and prepare your own trade
Always keep risk reward more than 1:2
Maximum 2 trades in a day
Don’t take revenge trades
Breakout in GAILBreakout in GAIL. One can enter now for an initial target of 170.
DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
GailGail CMP 141
Possible EW counts are on the charts
With 132 as sl ,
Looking good for investment
Chart is for study purpose only!!!
Gail Short #Elliot_HarishRaoGail first decline 1,2,3,4,5
second wave A,b,c
Third wave down 1,2,3,4,5
gailimpo...............................................................................................
Gail (10-01-2022)Gail complete flat correction daily chart
Wave A =(a,b,c)
Wave B= (a,b,c)
Wave c=(1,2,3,4,5)
complete correction
GAILNSE:GAIL
Intraday stock watchlist for tomorrow February 8. Check them all and comment.
RD TRADING
[ INTRADAY ] GAIL LONG BETrisk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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GAIL looks Good for BreakoutGail Looks good for Breakout, can show good upside
Good strength in stock
keep watching
GAILGail is good stock to buy now
Breakout has reached
Now it's go from 142 rupees to
170 rupees may be
TARGET ACHIEVED - GAIL INDIA LTD (NSE : GAIL)Another Target Achieved - NSE:GAIL
Happy Trading ..... !!!
