GAIL trade ideas
GailThis trade has got 1:1 risk reward, so only aggressive traders should take this trade that too with less quantity, it is showing divergences on RSI MFI and Bollinger, and MACD slope has also started to turn so one can go short here or on a bounce back
#GAIL FUTURE BUY 131 STOPLOSS 123 TARGET 145 BREAKOUT#GAIL FUTURE BUY 131 STOPLOSS 123 TARGET 145 if sustain then 161 if sustain 199 & then 205 work with trailing stoploss... FOR MORE 6284263756
GAIL SHort set up on bounceGAIL
has broken its supp at 150 and has been dropping rapidly since 180 levels a
Stock is heavily oversold so a retracement bounce is not ruled out at any time
but do not mistake that bounce for a reversal
Bulls should look for longs set ups only abv 141
Let the stock consolidate
Shorters can short on bounce with 141 as stops and 120 as tgt
GAILWAITING FOR PRICES TO TEST THE ENTRY PRICE. SELL SETUP :)
KEEP IT SIMPLE, KEEP IT UNIQUE :)
HAPPY TRADING, HAPPY PROFIT MAKING :)
NOTE: MY VIEW ONLY....
Gail#GAIL may post bad result as per chart. If Gail break 335 level post result and sustain below support we can see downside toward 320 levels and if Gail break 344 level we can see upside toward 350-355+ levels.
67. passive analysis 344. BV Setup344 to 342....
Gap up and gap down may change the assumed scenario
Inverse head and shoulder pattern on daily time frameprice increased by 4.10% with increase in volume by more then 200%
with 39% in delivery
accumulation is also happening
Bounce from Trendline + Supertrend support with HammerGail bounced from supertrend support with strong hammer pattern on daily. Can Long with RR of 4 as shown in chart.
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.
