GAIL Showing Strength Above 10 EMA: Key Support & Resistance NSE:GAIL Showing Strength Above 10 EMA: Key Support & Resistance Levels (Daily & Weekly Analysis)
NSE:GAIL is currently trading at ₹229.40, maintaining strength above the 10 EMA on the daily chart, indicating positive short-term momentum. A similar setup is reflected on the weekly chart, where the stock is trading well above its 50 EMA, reinforcing a bullish bias.
Key Resistance Levels:
₹236 – Immediate resistance zone, significant on both daily and weekly timeframes. A breakout above this level could trigger further bullish momentum.
₹246 – The 52-week high, acting as a strong resistance on the weekly chart. A decisive move above this would mark a fresh bullish breakout, potentially leading to accelerated gains.
Key Support Levels:
₹226 – Crucial short-term support on the daily chart, aligning closely with the 50 EMA (₹226.29). Holding this level is essential for sustaining the positive trend.
₹216 – Next significant support zone on both timeframes. A break below this could signal weakening momentum.
₹196 – Major support level corresponding to the weekly 50 EMA. This level acts as a long-term safety net, and a breach below would indicate a shift in the broader trend.
Outlook:
The stock’s alignment above key EMAs on both the daily and weekly charts suggests that GAIL is in a strong uptrend. A break above ₹236 could lead to a test of the 52-week high at ₹246, where a breakout would be a strong bullish signal. Traders should monitor price action around these levels closely.
If GAIL faces a pullback, holding support at ₹226 will be crucial to maintain its short-term momentum. A break below ₹216 could indicate potential weakness, with ₹196 (weekly 50 EMA) serving as a critical long-term support.
Disclaimer: I am not a SEBI Registered Research Analyst (RA). This analysis is for educational purposes only and should not be considered as investment advice. Please conduct your own research or consult a financial advisor before making any trading decisions.
Gailindia
Gail - Elliott Wave CountGail - Elliott Wave Count
Gail seems to have completed its correction and started a new upward impulse wave with a target of 150 to 180. However, if the market drops below 110, this view is invalid.
Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading.
NSE:GAIL NSE:GAIL1! BSE:GAIL BSE:GAIL1!
#GAIL LONG TRADE IDEA SETUPGreetings Folks,
today i have prepared a setup of GAIL on NSE
the analysis is as follows
- the price is making clean market structure
- broke past the previous all time high
- now forming a pattern as shown in chart
- if the price takes support from the trendline, then it will breakout pretty good but if it breaks the trendline down then it may take support from the zone mentioned below
dont play with fire, always use a predefined stoploss
Gail can give good gains.GAIL (INDIA) LTD. is a leading natural gas company with diversified interest across natural gas value chain of trading, transmission, LPG production, petrochemicals and many more. It owns and operates a network around 15,413 km of natural gas pipeline across the country. GAIL commands 70% market share in gas transmission and has a Gas trading share of over 50% in India. GAIL CMP is 105.20.
Negative aspects of the company are declining annual net profits and FIIs are decreasing stake. Positive aspects of the company are low debt, improving cash from operations annual, zero promoter pledge and MFs are increasing stake. Dividend yield of the stock is 4.4% at CMP.
Entry after closing above 107. Targets in the stock will be 109 and 110. Long term target in the stock will be 113.8. Stop loss in the stock should be maintained at closing below 102.
GAIL Best Positional up side viewNSE:GAIL is sustained above its major resistance which is 88. As per my analysis, this is the best time to take entry for up side move .
My entry level is 88.60, will hold till target of 98.00
Take Risk of only 5.6 Points (Stop loss: 83).
Note: This is my personal analysis, only for learning.
Thanks.
GAIL (India) Limited GAIL (India) Limited is committed to reduce carbon emissions and implement renewable projects. GAIL has a total installed capacity of 130.26 MW of alternative energy; out of which 118 MW are wind energy projects and 12.26 MW are solar energy projects. GAIL has installed India’s 2nd largest solar rooftop of ~ 6 MW grid-connected captive solar power plant at Pata Petrochemical complex. Further, roof-top and ground-mounted solar units are also being installed at various offices/ work centers for captive use. GAIL would like to be 1 gigawatt solar and wind both together or any other renewable part in the next three to four years.
GAIL : Buy Signal Triggered.Strong MACD, StocRSI parameters, and the recent pullback show that if the trend continues for a day or two we can see the Scrip hitting the two target levels. The Parabolic SAR has already given a BUY signal, with all parameters in tandem we can see the same happening.
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
Long position in GAIL with target of 199This is my personal view on #GAIL for mid-term.
NSE:GAIL
GAIL (India) Limited is an integrated energy company in the hydrocarbon sector. The Company's products and services include natural gas marketing and transmission, petrochemicals, and liquid hydrocarbons production (LPG, propane and naphtha).
Low risk high returns is what I see in this stock.
As we saw huge jump in this stock and recent news on buy back @ 150/share, good growth is expected from this stock to reach to its previous high made in year 2018.
My recommendations to add on dips for target of 199+ in mid-term.
Immediate Resistance is at 160 if it sustain that can reach upto 190 very soon.
Immediate support will be at 137 and if it can't sustain that it can have a short term correction till 127 and ne t support will be at to 110(highly unlikely consideringmarket sentiments)
As shown in Chart my pivot points are 130 as entry point and keep adding till 110 levels with the risk of 15% (100 days MA) and with the Target of 53% as per technical points ploted on weekly chart.
I am holding position from 115 levels.
Please share your view on Gail in comments and thumbs-up and share if you like it
Historical shareholding details for GAIL from FII investors.
Dec 2020
Total 15.62% (69,97,05,814)
Sep 2020
Total 15.09% (67,59,80,232)
Market Cap Cr
Market Leader
66118.7
Price to Earnings
Below industry Median
7.9
Price to Book Value
Above industry Median
1.3
Recent Bulk purchases:
Clsa Global Markets Pte Ltd
02 Feb 2021
Block Purchase
Qty: 15,27,949 (BSE)
Rate: 127.5