GAIL An extremely bullish Reversal, Poised to break it's ATH
Updated
The stock is in continuous uptrend , with no evidence of sellers in major time frames.
The stock has reversed from 38.2% retracement in weekly.
I am looking to enter this counter at cmp with 184.20 as SL and minimum 15% ROI - 224 and then trail further.
The stock has reversed from 38.2% retracement in weekly.
I am looking to enter this counter at cmp with 184.20 as SL and minimum 15% ROI - 224 and then trail further.
Note
Exited at a 5% ROI as there is a double top breakdown in 75 minutes. Risk management is supreme! Shall consider re - entry based on price action.Note
Looks ready for the next leg of upside. SL at 196.Note
Re entered again at 208. Holding for short term.Note
Up by 12%, expecting a pump in the overall OIL & GAS sector PSE, hence looking for 260 in the near term.
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