Bullish on Gail Swing tradingGood upside movement with Head and schouders pattern. In long term view also good stock because of Good in divident. Market leader company.
Gailindia
Can Gail India Ltd move up from 85 to 93 ?As per my interpretation of the chart, Gail India Ltd NSE:GAIL has reached a demand zone and there are chances for it to be pushed up to 93. Please do let me if my undersanding is correct.
GAIL INDIA LTD getting ready for a bull ride?GAIL INDIA LTD has settled up by 4.28 percent at 90.20 paisa on Tuesday. Stock has today broken through a 50 days rectangular consolidation along with MACD developing bullish divergence with a bullish cross. Stochastic is also above its signal line and sloping upward favouring bullish momentum. A tweezer bottom combination is formed near 85.50 that was also near the mid of a bullish trend. Based on structure developed on daily chart one can look for long opportunities in this stock around 88.50-87.50 zones with a stop loss below 85.50 for targeting 98-104 in coming days.
Gail bullish double bottom pattern Double Bottom pattern formed with very high volumes at the end on 5 min chart
Make sure you stay bullish if the market sentiment is bullish
keep checking out the Metal sector every now and then and keep your target likewise
For risk takers you can go bullish and keep a tight stop loss and then a trailing stop loss to book profit
will suggest everyone to ride the trend if possible
GAIL seems to be ready to bounce back.NSE:GAIL
If you see daily chart of GAIL will notice in last 4-5 trading sessions it has tested (not a valid test last low was 81.95) its one of major support level of 80.65. And now trying to move up again.
93.45 will going to be bit of hurdle for GAIL. But overall chart looks bullish.
Prefer to plan your entries above 93.45 only SL is of 80.
This view is based on daily chart hence only short term traders/investors do consider this.
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Gail Ltd.
CMP: 95.95
Target: 105 / 114 / 129
SL: 92
GAIL - Potential Stock with Stable GrowthI personally love the stock & it's growth side improvements.
The thing is similar to WIPRO in case of growth between strong parallel range.
GAIL BUY on fundamentals are also working perfectly with low debt & good dividend company.
Short Gail - Dark cloud pattern formedNSE:GAIL
There's a very prominent dark cloud pattern formed at the peak of the previous rally. The dark cloud pattern combined with the relatively high volume is a moderately reliable indicator of a trend reversal. Also note that , GAIL has been forming a bearish flag pattern. This, coupled with the fact that it has been consistently trading under the 200 day moving average signals a strong probability of a trend reversal
RSI Analysis of Gail IndiaFrom the hourly chart of Gail India, we can see on the RSI indicator that it is showing negative divergence. I have drawn trend lines on the price chart so take your buying/shorting decision accordingly.
Buy above above trend line confirmation (Let RSI trend peak line be broken)
Short below below trend line confirmation
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 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.
