Greetings Folks,
today i have prepared a setup of GAIL on NSE
the analysis is as follows
- the price is making clean market structure
- broke past the previous all time high
- now forming a pattern as shown in chart
- if the price takes support from the trendline, then it will breakout pretty good but if it breaks the trendline down then it may take support from the zone mentioned below
dont play with fire, always use a predefined stoploss
today i have prepared a setup of GAIL on NSE
the analysis is as follows
- the price is making clean market structure
- broke past the previous all time high
- now forming a pattern as shown in chart
- if the price takes support from the trendline, then it will breakout pretty good but if it breaks the trendline down then it may take support from the zone mentioned below
dont play with fire, always use a predefined stoploss