GAIL trade ideas
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)
My View on Gail - Weekely - LongI am expecting prie of Gail to move up in next few weeks.
First target will be near 520. Second target should be around 580
This idea is published on request of a fellow trader.
Please let me know if you want to look at any other scripts.
Also Please feel free to share your thoughts and views.
