after few days of correction...usdinr has reached it's support level and now shall continue it's journey towards 66 +++
gail seems weak and the trend is down. so shorting gail will be a better strategy for trading this stock.
THE STOCK IS IN UPTREND.....AND THE NEWS REGARDING COMISSIONING OF 250 MW THERMAL POWER STATION SHOULD BE A NEW REASON FOR A PUSH ON THE UPPER SIDE.....AND TECHNICALLY THE STOCK HAS NOT MOVED BELOW THE LOW OF THE FIRST OF THREE CANDLE....i.e 22/3/2017...AND THE RECENT RED CANDLE HAS LOW HIGHER THAN THE OPENING OF THE GREEN CANDLE...SO BEARS WERE UNSUCESSFUL...