PriceVolumeRider

GAIL seems to be ready to bounce back.

Long
NSE:GAIL   GAIL INDIA LTD
GAIL

If you see daily chart of GAIL will notice in last 4-5 trading sessions it has tested (not a valid test last low was 81.95) its one of major support level of 80.65. And now trying to move up again.

93.45 will going to be bit of hurdle for GAIL. But overall chart looks bullish.


Prefer to plan your entries above 93.45 only SL is of 80.

This view is based on daily chart hence only short term traders/investors do consider this.
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