GAIL
GAIL Best Positional up side viewNSE:GAIL is sustained above its major resistance which is 88. As per my analysis, this is the best time to take entry for up side move .
My entry level is 88.60, will hold till target of 98.00
Take Risk of only 5.6 Points (Stop loss: 83).
Note: This is my personal analysis, only for learning.
Thanks.
Bearish Bat Pattern in GailHello traders. I've observed bearish bat pattern in NSE:GAIL
Price Action seems to be Rejecting the PRZ of a Bearish Bat on the Daily that could lead to a Moderate Retrace before seeing Higher Prices.
Hello Trader. Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst. Trade on your own conviction and please consult your advisor before investing.
GAIL Bullish Or BEARISH ???1. 1 Day: Delivery volume increased by 140.55% over 5 day average
2. Stock has corrected and moved up after touching the resgression bottom channel
3. Has Picked Momentum , Earning are coming ,
4. F&O data suggests Long Buildup today
5.Bullish Momentum - Above Short, Medium and Long Term Moving Averages
6. FII/FPI have increased holdings from 18.36% to 19.69% in Dec 2021 qtr.
7.Current price is less than the intrinsic value
Cup and Handle pattern in GailHello Traders. My view for NSE:GAIL is Bullish. As you can see the formation of Cup and Handle Pattern in the chart, I guess formation of handle has been completed because the price within the handle pattern is taking support from previous resistance. You can also see the Pregnant Glamour candlestick pattern with the handle. I guess it's time for breakout of handle. Targets for Short and Mid term trades are given in the chart.
Before you invest please consult with your financial advisor. I am not SEBI Registered Advisor and I am sharing the idea for educational purpose.
Raising Channel and Triangle PatternStock Analysis: GAIL has formed raising channel and Triangle pattern it is good buy around marked demand area for conservative entry however it is expected to break the above supply zone and reach the target given on the chart with below demand zone level as stop loss.
Let's see
Happy Investing!
Gail Short Term ReversalThe stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls, 200 EMA and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone, 200 EMA & the lower trendline. The target is placed near upper trendline.