Long on GAILBreak out over 113-114 levels will lead to further gains...
There are tailwinds in form of gas price fixation and summer energy consumption
long term tail winds in form of greener options
Gail India Ltd.
No trades
Trade ideas
GAIL- Relative Strength says BUY!Attached: GAIL/ NIFTY 50 Daily Chart as of 12th April 2023
As you can see in the Attached Chart, there are 3 Bullish Signals hinting that the Ratio Chart is likely to Rally Up:
1) Cup and Handle Pattern Breakout (see Green Neckline)..... whose Target is still Pending as the Chart works its way up
2) Falling Wedge Breakout (see Wedge Blue lines)........ this is clear with today's Candle
3) Price (Ratio in this case) Moving Up within the confines of a Channel (see Black Channel)
The Upside Target is shown by the Green Arrow Mark Extending
Being a Relative Strength (Ratio Chart) the Signal we get from this says that GAIL is likely to Outperform Nifty 50 in the coming days/ few weeks
Gail India at crucial resistance levelGail India is at crucial resistance, closing above 114 on daily basis will make a quick move on the upside (nifty should support too)
GAIL looking dangerous to enter anytime now.Looking very weak below 97.
TGT of 88.
might also get hammered till 78/75.
Gail109 above intraday position gail looking extream bullish after consolidation
112 Target
Trendline tuch you can immediately buy okh
GAIL - Cup & Handle BO Technical Observations:
1) Cup & Handle Formation (Daily Framework)
2) Falling Trendline has been Broken & the Price has made a healthy retracement.
3) RSI at a Healthy 60.82 Zone
NSE:GAIL
Ps: Not a Buy Call/Investment Advice - Market Analysis Idea Sharing Only - Please Do Your Own Research.
Happy Investing, Stay Safe & Protect Your Capital
Swing TradeFOR EDUCATIONAL PURPOSES ONLY
#GAIL
Looks Bullish Above : 96.
Weak if close below :95.30
TargetS 99.40 & 103.55
Take advice from your financial advisor before investment.
GAIL HNS Bullish Pattern FormationWeekend Pick 1: GAIL
Fundamentals : Strong PSU, Consistent on Sales, Profits, EPS. DII holding increased.
Technicals : Bullish, HNS formation, trend reversal likely.. Good RR
R1: 115
R2: 130
R3: 150
SL: 85
#GAILStock has completed round bottom pattern with good volume spike and ready for target 1, watch chart for support and resistance.
Under Breakout GailOnly for educational purpose.Not a recommendation
Gail , an integrated natural gas and liquid petroleum gas marketing company having a 70% market share in natural gas marketing . Have a support in 99 .If it goes above 102 then we can expect a good move .
swing tradeconsolidation in a range from last 11 days
enter on 30min bullish candle
target - 130 and 137
follow risk management
gailgail buy (85)price wait for retsest then buy swing Trading
majar support 0.50% levels you can wait for retest
stop loss 0.38% below put on your stop loss
intradaywait for 15 min candle closing.
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
intradaytimeframe: 15min
both side potential but i am biased in short side if breaks the level
BOX is no trading zone
follow risk management
do not overtrade
accept stop loss with pleasure and close for the day
GAIL , trandline im beginner ,
Gail is on long time trandline , its breakdown today and near retest ,
comment and suggest if something can be good ..
GAILGail has shown a runaway gap today. Buying interest are seen in such setups. RSI supporting the rally
Will it cross 100?Seems like struggling between 80 n 100 from long time!!
Will it cross 100 for journey to 110??
GAIL looking good for upsideGAIL is looking to come out of the volatility compression. A close above 100 will ensure upside rally for short term.
GAIL* Multiple inside bar candle on weekly chart. Breakout still awaited.
* It looks Gail can give a breakout of inside bar candle on higher side which is 100.
* One can take entry at CMP and add more if gives a breakout above 100 for a target of 115 to 120 in short term.
* PSU stock are already on rally.
* Fundamental also looks good : PE < 5.5, Book Value - 100 and good ROCE - 23
* One can consider it for long term taking future growth in the industry into account and also give gives handsome Dividend.
gail looking bullish above 100.5gail looking bullish above 100.5, it is trading .96 times its book value
