Continues Dn Below 19650 Possible Up Above 19700 Analysed using Super Trend, SMA 5,8,13,21,34,7,14,28 and also RSI
GAIL (Weekly TF) Supply re-emerged near 110, after attempt above 100 Upward Bias Could reverse Dn below 100
This was after supply emerged near 900 after high volume markup from 600 from May'21-Jul'21 Plan - to Purchase Breakout above 900 or, rejection indications below 600 PB 1x PE 8x DE 0.6x ROCE 8% Div 2%
Plan ahead => Could consider purchasing on continuation above 350 or, rejection indications near 300 PB 7x PE 24x ROCE 33% Div 3%
Plan ahead => Could consider upward bias on a breakout above 100 or, rejection indications near 70 PB 2x PE 17x ROCE 13% Div 4%
Has been range bound in 4200-5700 for 2 yrs Plan ahead => could consider to Buy above 5500 and/ or Rejections near 4200 PB 8x PE 30x ROCE 32% DivYld 3%
Has stayed below 600 for 3 years Plan ahead => could consider to Buy above 600 and/ or Rejections near 400 PB 2x PE 11x ROCE 29% DivYld 3%
Has stayed below 600 for 3 years Plan ahead => could consider to Buy above 600 and/ or Rejections near 400 PB 2x PE 11x ROCE 29% DivYld 3%
This was after a 40% drop from the high made in Oct-21 Plan ahead -to Purchase around the current level (3000) on the rejection of the downward attempt Or, rejection indicators close to 2100 PB 4x PE 14x ROCE 34% DIV 6%
Multi Year Upward Sloping Channel ATH in 2017 @ 853 & 80% drop to 141 in 2020 Plan - to Purchase Above Breakout 550 Or, rejection indicators close to 220 P/B - 2.4 P/E - 21 D/E - 0.1 ROCE - 20 DIV - 1.7%
In recent past volume has increased Plan ahead -to Purchase Above Breakout 660 Or, rejection indicators close to 440 PB 2x; PE 17x; ROCE 15%; DIV 1%
Plan ahead => could consider to Buy above 185 and/ or Rejections near 145 PB 1.5x PE 10x ROCE 21% DivYld 3.5%
This was after a 40% drop from 500 to 300 Plan ahead => could consider to Buy above 430 and/ or Rejections near 330 PB 9x PE 39x DE 0.5x ROCE 23% DivYld 0.6%
This was after a 48% drop from 7200 to 2900 Plan ahead => could consider to Buy above 5100 - and/ or Rejections near 3500 PB 11x PE 34x ROCE 36% DivYld 1%
This was after 7x up from 18 (Mar'20) to 135 (May'21) Note: history of 90% drop from 210 (Dec'07) to 18 (Mar'20) Plan ahead => could consider to Buy above 110 - and/ or Rejections near 65 PB 0.6x PE 8x DE 0.6x ROCE 21% DivYld 10%
This was after 50% retracement of move from 1375 (Mar'20) to 3450 (Feb'21) Plan ahead => could consider to Buy above 3000 - and/ or Rejections near 2400 PB 2x PE 21x ROCE 19% DivYld 3%
After approximately 50% drop from 750 to 400 Further, price has held higher with lesser volume Plan - Consider to Buy above 550 - and/ or Rejections near 400 PB 2x PE 19x ROCE 16% DivYld 3%
After being in range (700-1200) for 5 Years Plan - Consider to Buy above 925 - and/ or Rejections near 700 PB 2x PE 13x ROCE 23% DivYld 3%