GAIL trade ideas
#Gail (Testing major key level)Gail have the potential rally to move up after the break of trendline. Its moving in a channel for quite long time. Now testing the important demand zone which is also a psychological level of 85. We can enter into trade after shifting the from bearish environment to bullish environment.
GAIL Best Positional up side viewNSE:GAIL is sustained above its major resistance which is 88. As per my analysis, this is the best time to take entry for up side move .
My entry level is 88.60, will hold till target of 98.00
Take Risk of only 5.6 Points (Stop loss: 83).
Note: This is my personal analysis, only for learning.
Thanks.
GAIL (India) Limited GAIL (India) Limited is committed to reduce carbon emissions and implement renewable projects. GAIL has a total installed capacity of 130.26 MW of alternative energy; out of which 118 MW are wind energy projects and 12.26 MW are solar energy projects. GAIL has installed India’s 2nd largest solar rooftop of ~ 6 MW grid-connected captive solar power plant at Pata Petrochemical complex. Further, roof-top and ground-mounted solar units are also being installed at various offices/ work centers for captive use. GAIL would like to be 1 gigawatt solar and wind both together or any other renewable part in the next three to four years.