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
GAILF trade ideas
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
GAIL INDIA LTD- W PatternGAIL India Ltd daily chart shows a beautiful W pattern. It is likely to follow the W pattern. The dotted lines shows the probability of the movement. If everything falls in place, it might complete the W pattern. A double bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action. The double bottom looks like the letter "W". Can go long with trailing stop loss.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)