GAIL trade ideas
Gail - BullishGail CMP - 132.75
Looking bullish and range breakout in higher time frame. One can go for Short Term Trade setup with the following entry, exit & targets
Buy Range 129 - 130 / Stop Loss 120
Target 1 - 150
Target 2 - 165
Target 3 - 180
Disclaimer: This is my view and for educational purpose only.
Gail { short 15 m }Nested IB formed , as per charts .
Note :-
Entry - At the break of mentioned candle's low/high
Stop Loss -
In a Short Trade, I always use Previous Candle High ( PCH ) as a stop loss while entering the trade. Sometime I might use 15 M tf SL & trade in 30M tf which I'll mention. Vice Versa for long trades
Trailing Stop Loss ( TSL ) - Mostly I trail stop loss by PCH as price falls . I exit as PCH breaks & vice versa
Use of PSAR as TSL :- TSL get's hit in trend following due to noise, In such cases I use PSAR to be in trend & exit if PSAR direction change
You can use any one of above mentioned or your own way to manage risk
Time Frame :- I take ~ 90% of my intraday trades in 15m tf. Where my analysis might come from higher frames like W , D or 1hr chart pattern which will be mentioned.
Target :- I do set target line based on support / resistance slightly above/ below it . Please pay attention to it
Gail Broken Trendline Gail has broken trendline for downtrend, It may come back for a retest of same level and continue down move from the same place. However SL is mandatory which is logical.
Gail - CMP 123.65Gail - CMP 123.65. Gail has taken support on trend line and is on increasing trend. It can be bought with SL of 113 for a target of 133, 137, 142++. All my views are educational purpose and consult your financial expert before making ny investment.
Gail- CMP 120.15GAIL- CMP 120.15, It is in bullish trend. EMA cross overs have happened at 90 levels which is good indicator for rise. After recent correction its RSI is crossing the trend line above and which is also bullish in nature. In short time it may go up to 132 levels and may face resistance at that price. This is for educational purpose and any investment shall be done by experts.
Gail - NSEPoints
1. Neutral share - Hold
2. Target 130
3. Stop loss 120
4. Bollinger bands - makes it harder to take call, as it is highly volatile with volatile volumes
5. Overbought share
6. Though ADX suggest strong uptrent
GAIL Broke a ResistanceGAIL has broken the resistance around 106 levels with a strong green candle and a good volume.
Seems like a long opportunity to the next resistance level marked on the chart.
Entry can be taken on a retest of the broken resistance level.
Go short if open flat or almost flat and cross level Go short if open flat or almost flat and cross level
Channel Break outChannel BO and closed above BO level Can see good movements
CMP 122.25
SL 114
Target 132,155++
Bullish on Gail Swing tradingGood upside movement with Head and schouders pattern. In long term view also good stock because of Good in divident. Market leader company.
Can Gail India Ltd move up from 85 to 93 ?As per my interpretation of the chart, Gail India Ltd NSE:GAIL has reached a demand zone and there are chances for it to be pushed up to 93. Please do let me if my undersanding is correct.
GAIL INDIA LTD getting ready for a bull ride?GAIL INDIA LTD has settled up by 4.28 percent at 90.20 paisa on Tuesday. Stock has today broken through a 50 days rectangular consolidation along with MACD developing bullish divergence with a bullish cross. Stochastic is also above its signal line and sloping upward favouring bullish momentum. A tweezer bottom combination is formed near 85.50 that was also near the mid of a bullish trend. Based on structure developed on daily chart one can look for long opportunities in this stock around 88.50-87.50 zones with a stop loss below 85.50 for targeting 98-104 in coming days.
