Trade ideas
GAIL SHort set up on bounceGAIL
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
GAILWAITING FOR PRICES TO TEST THE ENTRY PRICE. SELL SETUP :)
KEEP IT SIMPLE, KEEP IT UNIQUE :)
HAPPY TRADING, HAPPY PROFIT MAKING :)
NOTE: MY VIEW ONLY....
Gail#GAIL may post bad result as per chart. If Gail break 335 level post result and sustain below support we can see downside toward 320 levels and if Gail break 344 level we can see upside toward 350-355+ levels.
67. passive analysis 344. BV Setup344 to 342....
Gap up and gap down may change the assumed scenario
Inverse head and shoulder pattern on daily time frameprice increased by 4.10% with increase in volume by more then 200%
with 39% in delivery
accumulation is also happening
Bounce from Trendline + Supertrend support with HammerGail bounced from supertrend support with strong hammer pattern on daily. Can Long with RR of 4 as shown in chart.
Gail is a risky buy with 350 as stoploss for 378-380 Script : Gail India.
Gail can be a risky buy with 350 as SL. Unless the 5 waves are not completed yet then the 378-380 levels still possible.
Those who have shorted today at 362 has got a good RR trade as this could be a wave (b) top in an alternate count. Stoploss for short trade is 367.
For a fresh trade Gail can be a risky buy with strict sl at 350 below 350, 328 level will be the first target.
GAIL Should move upwards in the long run on a Gale of Wind.....
Let's see if it is so, or a Strong GUST / GALE knocks it down...
Gail India - Bearish Idea in Larger time frameHello Guys,
Please check both of idea. Gail is sitting on support in a week time frame and H&S pattern formed in a day time frame which a clear indication that this support is going to break out in a couple of weeks.
GAIL- Possible head and shoulderGail seems to be headed to form a head and shoulder and possible trend reversal after that. Target 362-364. Good luck
GAILThe Stock seems to be in the mood of creating a rounding bottom and subsequently breaking out from the range it has been in since the past 6 months. Once the range has been broken, it will become very interesting to see the strength going ahead.
#GAILCCI(all) >100
Verge Of D/W BoxBO
Bottom is confirmed
BO1 and BO2 active
Weekly C>381.1 and H>389.65 with strength will confirm further
Target 445 / 480 / 536
SL 330
Duration: 3 months (10 weeks)
Gail Breakout Momentum TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Immediately update the TSL to the cost if it comes to profit post triggering.
