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Nikunj_Bangad

RSI Analysis of Gail India

Short
GAIL INDIA LTD (NSE:GAIL)  
Nikunj_Bangad Updated   
NSE:GAIL   GAIL INDIA LTD
Trend Analysis Chart Patterns Technical Indicators gailindia buy short rsi_divergence
3
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trendanalysis chartpattern indicator gailindia buy short rsi_divergence
From the hourly chart of Gail India, we can see on the RSI indicator that it is showing negative divergence. I have drawn trend lines on the price chart so take your buying/shorting decision accordingly.

Buy above above trend line confirmation (Let RSI trend peak line be broken)
Short below below trend line confirmation
Comment:
After confirmation of the trend, GAIL gives us 6 points of profit and that is 6%!
I hope you watched it!
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