GAILF trade ideas
GAIL at discount price and Break out pointHello Friends,
Here is another one stock that i am looking to build position with discount price.
There is good opportunity in this stock as it has recently given break out but due to US rats down its available with discount price so good to make position which can give up to 10 to 15 points returns in short term and long term depends on you.
It has MACD positive and RS index also positive so good to go.
Take entry around 110 - 115
Target can be 130
This is my point of view on this stock but rest you review by yourself and make decision.
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Thank you.
GAIL set to blast up !!GAIL has created a flag and pole set up on the daily and weekly charts. Trading at 103 it is at its bottom end of the flag and even has trend line support to give momentum to the stock. Buy at current levels , SL to be placed on a closing below 102 on a weekly basis for Tgt of 108, 112 . Can hold upto levels of 130 if bought in cash but then adjust SL to be below 96 on weekly closing basis.
RESISTANCE BECOME SUPPORTGAIL getting resistance at 100-102 level 14 years resistance now acting as support, may get new high level look at chart as detail pointed level. same condition on monthly charts also following. world moving towards gas so India also taking same action for meeting carbon free environment. this may portfolio stock
don't consider as recommendation for buy or sel
pleas follow as and give suggestions
Gail - Possible Super Bullish move Gail - Looks Like bullish move start we can see good upside
Time Frame - 8 Days
Objective :- Big Support by Demand Zone.
1. Very good Trendline Support.
2. Make Base near Level 100.
3. Good Resistance at 130-133
4. looks like we can see 20-50% upside in Gail.
Ideas :- Go Long CMP add more near 100-104 CB stops 98 Target 130 145 184+++
Disclaimer - Ideas just for Education Purposes.
Gail BreaoutGail was trading in zone 90 - 113. If it sustain for a week or two near 116-20 levels, certainly we can observe 10-20% upside n short to medium term.
Secondly, RSI has become Positive after long time on weekly charts which is a healthy sign.
Can buy on this levels if risk taker or wait for the next weeks candle on daily and weekly charts.
Disclaimer ; the idea is just for knowledge not a buying recommendation.
GAIL INDIA LTDGail chart looks really promising at CMP 111.50
Patterns are drawn on Monthly Chart Basis and projected on Weekly Time Frame for Clear View.
Targets are as follows:
Tgt 1: 113.50 (Daily Chart)
Tgt 2: 116.50 (Weekly)
Tgt 3: 122.50 (Weekly)
SL: 108 (Closing Basis)
Market is all about OPPORTUNITY / ENTRY / TIMING !!!!!
Basis some minute observations, chart analysis is made, target and SL is given to understand the core of the subject for learning purpose only.