GAIL trade ideas
Gail Short Term ReversalThe stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls, 200 EMA and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone, 200 EMA & the lower trendline. The target is placed near upper trendline.
Price ActionTrend lines can be used to trade, if it closes beyond those trend lines trade can be taken respectively
Revesal from the Bottom!!!#GAIL Trendline Breakout... Revesal from the bottom with Inverted Head & Shoulder pattern.
GAIL India Expanding Channel Pattern GAIL India Forming Expanding Channel Pattern -30% Upside Possible ,
Will enter with 50% cap, and wait for retest.
Gail - Elliott wave analysis - ABC correction It is in corrective mode and will form ABC correction. Three wave bounce of B wave could use to short sell for C wave down.
understanding chart patterns can give you a good profit150 is the 10 week sma and multi year support/resistance and 144 is 20 sma. both of these levels will be a buying level. so strategy should be buy the dips although a bearish gartley has formed. view to be changed below 150 for 144.
GAIL Long term good investmentGAIL stay long stay rewarded
Tomorrow is Earning Day - if it will above expectation will go up. If it's go down, keep eye on it - in a few days there will be good opportunity to buy.
For long term it's really good stock.
Cup handle formation in GailBuy Gail Above 166 For target for 174.5-193.
It has Formed Cup handle pattern and Given breakout, So One more breakout above 166 will be Good momentum for Gail.
