Gail India Ltd.
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Trade ideas
GAIL - Ascending Triangle - LongGAIL has formed Ascending Triangle and has Trend Line Resistance at 129
If the Script Break above 126 and break the Trendline of 129
There has positive movement.
Entry: Above 126 ( Close Above in Daily Time Frame)
Target 1 - 140
Target 2 - 154
SL - 112
Disclaimer: Kindly do your own analysis before executing the trade.
Breakout in GAIL India
Breaking consolidation range of Sep-Oct 2019.
Above 200 day Moving Average
There is a gap up opening on 12-Jan-2020 which might get filled. Below 2 entry scenarios can be considered.
Scenario-1
Entry @140 when gap gets filled
Stoploss 135
1st Target 150
2nd Target 160
Scenario-2
Entry @150 if gap doesn't get filled
Stoploss 140
Target 160
GAIL - Ascending triangle pattern at monthly TFGAIL - Ascending triangle pattern formation at monthly TF
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
GAIL BULLISH DIVERGENCEIn this as per your video Price went up while RSI went down at 1 Hr Time Frame.
Now if i just look at 15min time frame i will just short looking at 2 bearish candle RSI below 20 and Next Candle below second bearish candle.
normally we would have shorted but if we been in loss but based on Hidden divergence we could stop the short but look for bullish opportunity






















