Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 4% profit (In my observation, I found that most of the stocks reached 3% to 4% on weekly basis)
Please consider these ideas for educational purposes.
Breakout of H&S pattern has been done on GAIL INDIA LTD and what I'm waiting for is the retest at the neckline to take it to the upside.
TP1 - 122
TP2 - 126.20
This idea Only for Educational knowledge & learning not provide any trading tips, before Trade Advice your Financial Advisor, I am not responsible Any profit and loss.
Gail has broken out of 2-year range few weeks ago. Now it has re -tested that level this week. Buy only when daily candle closes above 20- day sma will give a high probability! entry. Always enter on day end if daily candle closes above 20 sma golden nugget.
Greetings Folks,
today i have prepared a setup of GAIL on nse
the analysis is as follows
- there is major price gap which has to be covered
- static resistance which can break
- a HTF support also in play
dont play with fire always use pre defined stoploss
Everything gave on chart price gave good breakout on chart monthly candle retest happen now it reddy to fly. Always go with good R:R and place stop loss on closing basis.
BUY - FOR LONG TERM
SL - 85 or Trendline support
Market Cap
₹ 76,534 Cr.
Stock P/E
13.7
Book Value
₹ 98.8
Dividend Yield
3.44 %
ROCE
9.77 %
ROE
8.67 %
Face Value
₹ 10.0
Promoter holding
51.9 %
EPS last year
₹ 8.54
EPS latest quarter
₹ 0.96
Debt
₹ 17,816 Cr.
Pledged percentage
0.00 %
Net CF
₹ -1,463 Cr.
Price to Cash Flow
23.9
Free Cash Flow
₹...
I am presenting a long trading opportunity on GAIL (India) Limited (NSE: GAIL) due to the emerging bullish momentum on the daily chart.
Technical Analysis:
Bullish Divergence: The recent price action on GAIL's daily chart shows a bullish divergence between the price and the Relative Strength Index (RSI). This suggests a potential reversal in the downtrend and...
Gail weekly chart. Price has been consolidating in a range between 112 and 82 since the beginning of 2021. Probability of breakout increases every time price hits resistance.
ATH near 133 could be reached post breakout.
Gail India-Nice Breakout
Capital to be deployed- 20k
Investing Price -116-117
Breakout Price -113
Stoploss -103
Targets -135-168
Do retweet so that it helps someone
#gail #StocksInFocus #StocksToBuy #stockstowatch #StocksInNews #SwingTrading #BREAKOUTSTOCKS
Bullish Breakout in GAIL
The levels of 114 was resistance since 2021 and finally price broke and closed above it.
Entry can be initiated at retest.
Stop Loss- Below 112.3
Target
1. 121.5
2. 126
NSE: GAIL is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed...
