GAIL harmonic Bullish reversal levelsgail harmonic reversal levels. Sl and target your as market very choppy these days
Gail India Ltd.
No trades
Trade ideas
Symmetric triangle - breakout on cardsPrice making symmetrical Triangle and currently at the support. 95 was a good buy with small stoploss. Expecting price to break the resistance in the coming week.
GAIL ANALYSIS AS PER WAVE THEORY
We have a 5 Wave impulse which is a Leading Diagonal forming as such that Wave 1, 2, 3 are complete and now Wave 4 is forming
Wave 4 is a Simple Correction because Wave 2 was a Double Three and now we have a Flat structure forming in the Wave 4;
We see Wave A and B both have 3 Wave structures and now the Wave C the Downward 5 Wave Impulse is forming and we have Waves 1, 2,3 compl-ete and Wave 4 is forming now Wave 4 can go as high as the start point of Wave 2 so anywhere below Rs. 148.75 we can take an opportunity in short and then stay in short and trail till the selling is over.
Gail - bullsihGail daily candle recovered from exact previous low marked int the chart. The recovery volume is healthy and shows further interest in taking it north.
Disclaimer: Educational purpose only.
Gail India Ltd Long @ Rs. 99 Long term holding ideaBSE:GAIL
Gail India Ltd Long @ Rs. 99
Entry 99
Target 148.9
SL 89.9
Time Frame 4 to 6 months
Gail India is trading at demand zone which is strongly supported by monthly zone also.
Long in equity cash segment, buy and hold equity for long term duration of 6 Months.
GAIL - Intraday Trading SetupSmart money accumulated before starting uptrend.
They will try to defend the position by buying when price comes into buy zone.
Note - avoid before 9:30am and after 2:30pm due to high volatility
BUY on Gail #TradeTheTip
#tradethetip
Totally price action based analysis...... if rejection happens at lower black line after retracement then just buy it for target mentioned in charts
volume spike happened after range and trendline breakout
