GAIL AT ATH LEVELS GAIL @ CMP 136. Highly cyclical stock. Touched ATH 104 on 1-Jan-2008 which was breached on 1-Sept-2017 only. Made new ATH 133 on1-Aug-2018 which was breached on 1-Nov-2023. The stock with CMP 136 is sailing within an ascending channel having its probably resistance at 155. The stock has been in uptrend since last 1yr, so some correction or profit booking is more
likely at new ATH levels. May correct upto 110-115 which is good support level.
GAILF trade ideas
Amazing breakout on Weekly / Daily Timeframe - GAILCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN 1HR TIMEFRAME.
GAIL_ Positional Long above Rs 134.20_ (1:3) Risk RewardGAIL was consolidating near its support line for 3-4 days. I am planning to go long if it moves above Rs 134.20 tomorrow.
The risk reward looks attractive (1:3)
Entry: 134.20
SL: 129.90
Target: 149
Important Points:
1. Please note that Rs 150 is very strong "monthly resistance". Therefore, booking profit at Rs 149 level is best for us.
2. Look, whenever the price opens gap up (say 140), the people who bought earlier start booking the profits, Hence, that will not be suitable entry. But, if share open flat, start moving upwards slowly and steady, that's the BEST time to enter at the price I have provided.
Disclaimer: Please do you own research before jumping into the trade. Till then just be a spectator and evaluate how the price moves near support. I already have open positions which I may hold or exit at my SL.
Intraday 26 April_ GAIL_ LONGIntraday Trade setup for 26 April
I have selected 4 stocks for intraday, not all the trades will get executed.
I always place Stop Loss Market Buy/Sell order above or below (for LONG and SHORT) the high/low of the reference candle to make an entry.
Entry: 130.3
SL: 128.4
Target: 134.1
Disclaimer: The analysis or trade setup is of my own. Please do your own analysis before jumping into the trade. I shall not be responsible for the profit/loss in either way.
Gail: Positional Long Opportunity; 1:3 Risk RewardGail tested its daily support today. I am planning to go long "only if it moves above Rs 134.75" tomorrow. The chart is "upward channel pattern".
The risk reward looks attractive (1:3)
Entry: Above Rs 134.75
SL: 130
Target 149.4
Important points:
1. Please note that Rs 150 is very strong "monthly resistance". Therefore, booking profit at Rs 149 level is best for us.
2. Look, whenever the price opens gap up (say 140), the people who bought earlier start booking the profits, Hence, that will not be suitable entry. But, if share open flat, start moving upwards slowly and steady, that's the BEST time to enter at the price I have provide.
Disclaimer: Please do you own research before jumping into the trade. Till that just be a spectator and evaluate how the price moves.
I already have open positions.
Looking Good - Long term ViewHi All…
Greetings!
Today I’m sharing with you Gail India Ltd. Weekly Chart. I think if GAIL breaks 133 & 148 level we might see good upcoming move. The targets mentioned are Long term TGT so keep patience.
In the coming time I think it should give good returns.
Thanking You
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
I hope you found this idea helpful.
Please like and comment.
Share with Your Friends.
Keep Learning,
Happy & Safe Trading
Disclaimer – These ideas shared by me to all are my personal analysis / views. Im not a SEBI registered technical analyst.
GAIL GAIL, a Government of India undertaking, is an integrated natural gas company in India.
GAIL looking good in weekly time. And wait for first green candle for confirmation.
buy after above weekly candle close
please wait for weekly candle close.
NOTE- Only for Education Purpose.
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📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Wedge
📌 Symbol/Asset: GAIL
🔍 Description: Stock has made rising wedge and completed 5 wave in it. Soon we will see breakout or breakdown.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Forecasting GailGail- an integrated natural gas company in India. Owns over 11,500 km of natural gas pipelines, over 2300 km of LPG pipelines, six LPG gas-processing units and a petrochemicals facility. In a way it hold a monopoly power of setting up the natural gas pipelines.
Government of India focus on increasing the share of natural gas in the overall energy mix of the country to 15.0% from 6.5% will likely to give tailwinds to Gail.
Technically- The stock has given a multi bagger return in past two decades from 5 to 121. However, the rally doesn't seems to over.
The stock started its third wave lately with a formation of cup and Holder breakout on monthly chart. Thus, it is likely that Gail may move towards 145/170 levels
Buy GAIL INDIA LTD
BUY : GAIL INDIA LTD
MEDIUM TRAM
AFTER 2.5 YEAR CONSOLIDATED ZONE BREAKOUT
BUY PRICE : 116
STOP LOSS :
TARGATE : 135 - 140
MOMENTUM : 20%
FREE TELIGRAM CHANNEL & YOUTUBE
Tradingwithdp📈📊
NOTE : LONG TERM BE GOOS STOCK
TECHNICAL ANALYSIS
PURE PRICE ACTION ANALYSIS
Disclaimer:- I Am not a sebi registered Analyst. This channel is for only educational purpose. Any profit/loss, iam not responsible. Before taking any trade on our call.
Gail Breakout and retest Level around 113 has been an important resistance zone, (purple shaded area)
On 25th july there was a breakout through this level accompanied with higher volume
After that there was a pullback,
and retest of the level around 113, which has now turned into support
After the retest, vol also increased indicating bullish strength
Oscillators are also in favour of bulls
Level of 129.8 (white horizontal line) is the next resistance after 122.8 (previous high)
All the white lines marked are further resistance levels
Keep SL of 113, Keep RR Ratio of 1:1 or above
For a Short Term Trade keep tgt 124
Tgts can be increased to further resistance levels depending on risk profile