Bearish below 97, Bullish above 1001) Break of flag pattern below 97, may move towards 92
2) Bullish above break of 100 (50% Fib Levels), may move towards 107-118
GAILF trade ideas
11.0 Gail - Long ideaCapital available after previous trade 8.0 = 1366662
Risk 0.2% = 4000
Position size = 4000/32 = 125
Investment = 97*125 = 12125
Capital available for next Trade 10.0 = 1366662 - 12125 = 1354537
Inside Bar Pullback TradePrice contracted and breakout expected.
Long above yesterday's high.
Short below yesterday's low.
GAIL LONG POSITIONGAIL LONG POSITION ABOVE 98 HAVING TARGET OF 111 AND 130 AS PER ASCENDING TRIANGLE.
[Buddha] GAIL Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
GAIL - Long above 97 Looking at GAIL higher highs / higher lows and sector growth from past couple of days ...
Once sustains above 97, we can see targets of 100/105/110/115
Pls add to watch list
GAIL SHORT TERM TO POSITIONAL IDEAGAIL has been showing good bullish momentum since past 3 weeks (Check weekly chart).
Price has now come near to resistance area, but there is a gap of 2-3 points which needs to be filled until a trade can be executed.
I only go long in stocks which are trading above their 50EMA and GAIL has recently crossed that level so the trend is in our favour.
Risky traders can enter above 97, but for proper risk management I will enter only when the gap is filled.
Here's the indicator analysis :
I am still trying to figure out a good setting for ADX. Here, I have used ADX(8) with DMI(13).
And,as to why I am not interested in the trade right now near these levels is because the upper close of the gap is also a 50% fibo level as shown in the image below :
Long GailTrade based on the triangle breakout, Expecting around 100 soon, Can keep a stop loss of 5rs RR 1:2
GAILGail is currently at it's weekly and daily resistance. If it breaks the resistance with momentum, we may see an upside.
Go long above 98-100. Manage your risk-reward ratio accordingly.
GAIL IdeaSeems to be forming cup and Handle pattern. Lets see if it can complete the pattern.
If it breaks 97 with volume, can be a good buy.
Disclaimer - Please do your own analysis before initiating trade
GAILWhile we are in an upside channel lately, the overall picture isn't great, no fresh longs till we see a closing above 110. till then it is a sell on rise script
GAIL INDIA LTD.GAIL INDIA LTD.
The stock is taking a strong resistance from 50% Fibonacci.
However, my view is bullish as:
TIME-TREND INDICATOR ARE BULLISH.
RSI IS ABOVE 50 & MOVING UPWARDS.
Once the prices break 88.5 with volume, the next resistance is 90.3 & 93.
Nearest Support is 86.5
KEEP AN EYE !! #B+
Gail Trading setup for up coming weeksCMP 91.35
sell below 89 buy above 96
stop-loss 94-95 stop loss 90
target 79 and 68 target 107 and 120
AS PER CONVENIENCE
DISCLAIMER; DO YOUR ANALYSIS
GAIL INDIA (30min) for 18/05/2020Good setup for intraday.
Falling wedge pattern on 30min chart
case1
If breakout takes place retest for .618 level
case2
Pattern continuation and continue to fall
case3
Retest downward support
