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niftytrader
Jul 31, 2019 8:51 AM

GAIL SHort set up on bounce Short

GAIL INDIA LTDNSE

Description

GAIL
has broken its supp at 150 and has been dropping rapidly since 180 levels a
Stock is heavily oversold so a retracement bounce is not ruled out at any time
but do not mistake that bounce for a reversal
Bulls should look for longs set ups only abv 141
Let the stock consolidate
Shorters can short on bounce with 141 as stops and 120 as tgt
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