GAIL (INDIA) LTDLong
Gail - Reversed a downtrend!
Gail has reversed a declining trendline and also successfully retested an uptrend support line.
The bollinger band is confirming the signs of low volatility at the moment and has formed a squeeze formation. Wait for a breakout up/down.
Positive divergence is noticed in RSI.
Target - 415-440
Stoploss - 355
The bollinger band is confirming the signs of low volatility at the moment and has formed a squeeze formation. Wait for a breakout up/down.
Positive divergence is noticed in RSI.
Target - 415-440
Stoploss - 355
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.