GAILF trade ideas
can buy Gail tomorrow on positve sentiment in nifty can buy Gail tomorrow on positve sentiment in nifty as its taken support from trendline
GAIL ready for a big move if the resistance is brokenGAIL had previously broken down from a head and shoulders pattern at current levels.
Going by theory, the same point will now act as a resistance. If this breaks, there could be a move towards 105 for GAIL.
One more point that nudges in the direction is the formation of the above average volumes. Also, higher highs and higher lows.
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NSE:GAIL
BREAKOUT ON COFORGEThe stock has rallied after a breakout of the resistance line but could go higher.
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Symmetrical Triangle on GAILThe stock has consolidated after a steep rally and upon breaking the resistance line of the triangle, the stock could break above the DMA. Initial targets would be 99 and beyond that, the stock could move to 103 levels.
GAIL Upwardmove above 85.10GAIL Good to blast above 85.10 with SL of 84 for 1:2 or more RR. Keep a track.
GAIL fluctuating inside a channel 1D chartplease take entry once u get a proper reversal or breakout from the levels, support my views.
GAIL | Be Ready To Buy It.....1. RSI oversold and made higher high while on the line chart there was lower low that means trend is going to change
2. for perfect entry i waited for downtrend to reverse by initiating the trade after trendline break with volume and it is now the same
3. 1st Targets are mentioned as per longterm trenline & 2nd target is based on resistance
DON'T forget to check out the related ideas which i have posted down below
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GAIL above 6 week highGAIL has shown good volumes on a breakout. Backed by good results. NSE:GAIL
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GAIL consolidating with below average volumesGAIL is in consolidation mode with below average volumes which is a prerequisite for a consolidation.
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Triple bottom formation and trendline breakoutThe stock has formed a triple bottom and has broken the trendline for an upmove. It looks good above the resistance level of 89.75
#1 Told You it Would Happen. it Went Smoothly. Removing 70% Here And SL To Breakeven.
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Gail - Hammer at supportNote: This is for educational purpose only.
There seems to be a W - double bottom pattern formation in play. Moreover, there seems to be a bullish hammer formation at long term support. If the W top is broken with high volume, there will be more upside.
