GAIL trade ideas
GAIL LONGENTRY ABOVE-152.6
Sl - 147.65
DISCLAIMER:These recommendations and reports are based on the theory of technical analysis and personal observations and are for educational purpose. This does not claim for profit. We are not responsible for any losses made by traders. It is only the outlook of the market with reference to its previous performance. You are advised to take your position with your sense and judgment.
GAIL : Buy Signal Triggered.Strong MACD, StocRSI parameters, and the recent pullback show that if the trend continues for a day or two we can see the Scrip hitting the two target levels. The Parabolic SAR has already given a BUY signal, with all parameters in tandem we can see the same happening.
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
GAIL Intraday Analysis and Prediction with levelsThis is a short and simple strategy for day trading with "GAIL" stock for 8th Mar 2020 (Monday).
Points to be kept in mind :
● Profit percentage is low but reliable, keep trailing targets of 0.3%
●Maintain Strict Stoploss.
●Take a buy trade only if Nifty is Green in the "Pre-Open' Market
●Take this in trade only if price opens at previous close or gap up.
●This is subject to market risk, Trade as per your risk appetite, avoid aggressive trading and blind faith.