Gail Buy setup For intraday !Hello if you are an intraday trader you can buy between 85-83 with stop loss 78 easy target 90-95-100-105
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GAIL
GAIL in tight zone Keep eyes!GAIL CMP 118.55
Tight zone 117 - 122
Upside resistance 124
Any breakdown and retest will lead to 112
Gail is a risky buy with 350 as stoploss for 378-380 Script : Gail India.
Gail can be a risky buy with 350 as SL. Unless the 5 waves are not completed yet then the 378-380 levels still possible.
Those who have shorted today at 362 has got a good RR trade as this could be a wave (b) top in an alternate count. Stoploss for short trade is 367.
For a fresh trade Gail can be a risky buy with strict sl at 350 below 350, 328 level will be the first target.
Gail India - Bearish Idea in Larger time frameHello Guys,
Please check both of idea. Gail is sitting on support in a week time frame and H&S pattern formed in a day time frame which a clear indication that this support is going to break out in a couple of weeks.
GAIL fails to break downStock was selling off well and suddenly the weekly support around 300 gets respected. Open interest suggest that market is negatively biased. Using cloud as the guide taking a short trade with stop at 332 and target 360. A portion can be held on to see if market breaks above 360.
Gail Elliottwave: Waiting for 355 to build long positionStrategy: Buy the dip of 355
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GAIL is trading in consolidation mode after hitting it's target of 400+. We were long from 325 and book profit at 390. We are calling consolidation from 374.90 price and expecting this consolidation will be zigzag correction and can extend to 355.
Strategy: Buy the dip of 355Strategy: Buy the dip of 355
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GAIL is trading in consolidation mode after hitting it's target of 400+. We were long from 325 and book profit at 390. We are expecting this consolidation will be zigzag correction and can extend to 355. Break of current price 375 will expose to 364 and post that 355.
BUY GAIL - SYMMETRICAL TRIANGLE BREAKOUTGAIl has given a triangle breakout. One can long for a target of 479 with stop loss of 418
GAIL is breaking correction and can target above 500Talking Point:
Technical Strategy: Confirming it's bullish outlook
Elliottwave View: Reversal confirmed and counting impulsive waves
Analysis
We were tracking GAIL from last few weeks and able to see breakout in coming days. Elliottwave perspective, this script is having impulsive bullish view on larger time frame which can be target above 600. However in shorter time frame, we are waiting to see triangle breakout which can atleast target above 460.
Action
We are long on this script from 425 with stoploss @ 410. Target will be 460-500.
-- By Hoagtrading.com (Twitter: @hoagtrading)
