GAIL trade ideas
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- Possible head and shoulderGail seems to be headed to form a head and shoulder and possible trend reversal after that. Target 362-364. Good luck
GAILThe Stock seems to be in the mood of creating a rounding bottom and subsequently breaking out from the range it has been in since the past 6 months. Once the range has been broken, it will become very interesting to see the strength going ahead.
#GAILCCI(all) >100
Verge Of D/W BoxBO
Bottom is confirmed
BO1 and BO2 active
Weekly C>381.1 and H>389.65 with strength will confirm further
Target 445 / 480 / 536
SL 330
Duration: 3 months (10 weeks)
Gail Breakout Momentum TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Immediately update the TSL to the cost if it comes to profit post triggering.
GAIL - expect long upmovePrice has broken the long term moving average with increse volume, expect price to go till 385.
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: trading-buyThe daily chart offers somewhat more upside potential if buyers manage to clear 390.50. A rally up to 410.25 and the main weekly projection around 448 is feasible. With stops below 375 risk/reward is certainly good enough for some trading long-entries. Do keep in mind that the weekly uptrend is quite mature so risks for the longer term are elevated.
Gail - Reversed a downtrend!Gail has reversed a declining trendline and also successfully retested an uptrend support line.
The bollinger band is confirming the signs of low volatility at the moment and has formed a squeeze formation. Wait for a breakout up/down.
Positive divergence is noticed in RSI.
Target - 415-440
Stoploss - 355
Gail 381 target 435Gail Look good cmp 381 Target T1 394, T2-408, T3 - 416,T4-435 above That Big Breakout
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.
GAIL (BSE): Elliottwave analysis: Looking for re-entry for targeTalking Points:
Technical Strategy: Bullish Bias
Elliottwave Count: Impulsive nested count .
HTG Note:
Current price action on GAIL (BSE) is trading on impulsive nested bullish move. Script was able to break and testing it's monthly horizontal resistance. In larger monthly timeframe, it's trading on nested impulsive structure and require to have small correction before it's break of 400 level. We in HTG (Hoagtrading.com) expecting to test 353 price before its continue it's bull move.
Action
We are on sideline after booked our profit at 370 in January, 2017. Team is looking for lower level, possibly 353 to re-initiate our longs with limited risk.
-- By @hoagtrading (Hoagtrading.com)
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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)
