Midterm
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
BULLISH SETUP IN 1H CHART- The chart will do a reversal because it hits the weekly trendline, like the 4th of febuary and the 30th of november.
-200 EMA in will act like a magnet .
- Forming a <> pattern.
-MACD and RSI are sets for a reversal.
Buy: 1795
Stop:1785 maybe less
TP 1: 1819
TP 2: 1858
What you think? Let me know.
Good trade!
DOTUSDT MIDTERM LONG POTENTIAL PATTERNDot Long buy setup Idea
I think if everything goes fine and BTC roams around 46-52k Then Dot will have a long big green candle .
we can see potential buy order at 27.5-28.5
and potential sell order at 36-38
27 and downwards should begin the downtrend for at least 2-3 days
NEO 3D SUPER BULLISH!! [mid term hold] Shout out to Trip from cBc's group for originally charting this. I've been posting about NEO for a few weeks (so I don't feel bad about recharting it for those who missed it) the difference was that I only zoomed out as far as 12HR...
Looking at this 3 day macro TF... I mean, no wonder it's popping off right now.
It's a beautiful textbook reversal, and the fact that it's nowhere near 2018 levels yet... I think I'm gonna cum. And this is NEO, btw-- "the Ethereum of China," a large cap. Not a shitcoin pump n dump. Just a nice mid term hold. I don't even know why I'm trying to sell you on this right now lol the chart sells itself.
LISTEN, not even I can f*ck this one up.
happy trades! :)))
CD
All Time Historical BTC Major Trends and Long Term PredictionChart Analysis:
Using historical bitcoin price data, the graph has been extended to cover since 17/08/2010, so we can do a wider historical analysis of the price.
At first sight, there has been three great btc price rises, which I'll call stages: One from 0.10 USD to 10 USD, then from 10 USD to 1000 USD, and third from 1000 to a possible 100.000 USD in the near future. These are shown in the graph with three vertical lines at the left named 1st, 2nd, and 3rd.
Inside each of these stages, we can see each has had three peaks in it, which are numbered from 1 to 3 inside or next to each peak in the graph.
The peaks in each stage have been cut by a straight line to easily identify them, and also to compare the slope each of these stages has.
In the first line, we can see the slope is very up hill, with a slope higher than 1. The second line for the second stage, has a lower slope of around 1. And the third line, has a slope even lower than the second, and less than 1 (log scale).
As it is also noticeable, begginning from the 1st peak during the first stage, to peak number 2 of this third stage, each time the width of the peaks slighly increases. Which can lead us to believe this peak we are experiencing now will be even wider than peak number 2 of this stage.
It is important to note that there is always a peak each time the price gets to 10^x USD, usually followed by a rise in price up to around 1.5*10^x, then going back to 10^x USD, and staying below that price before hitting a new 10^x+1 position.
For example, during the second peak of the 3rd stage, when the price hit 10.000 USD around november 2017, it then rose up to 15.000 USD for around a month, back to 10.000 USD, and then stayed below 10.000 USD before now rising up to 100.000 USD. This happened as well at 2nd stage first and second peak.
Also, after every peak from every stage, it has always happened that when price hits again its last All Time High, it goes straight up to a new peak.
Prediction:
Having this into consideration a prediction can be made in which there will be a third peak during this stage, which is forming now, and btc hitting not so far from now 10^5 = 100.000 USD, this prediction is the red curve, with the 3 for third peak.
Price might not get near the 10^6 = 1 million USD during this peak, as it has never reached a 10^x+1 price in the same peak as when it reached the 10^x price, nor have gotten close. But, having also in mind this peak should be wider than the last two, and taking into consideration price peaks after passing a 10^x price tend to hit a 1.5*10^x price, it might reach a price near 150.000 USD, stay there for some weeks or a few months, then head back to 100.000 USD and then stay below that price for a while as shown in the red curve.
Now, having 150.000 USD as the target, the question is when. As the price not long ago surpassed its All Time High from December 2017, price might head straight up to its target, as it has always done, and looking at how fast price tends to go to a new peak after an ATH, it might happen around April of 2021, but it could take longer and happen even at the end of 2021.
Do you think this prediction will happen?
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Source for historical price data: CoinMetrics
CHF/ZAR prepares to go up!CHF/ZAR is our specialty as you can check out our previous ideas and we spotted a wave of going up in the mid-term. As it is not a short-term move we have to be careful with our risk/reward and need to wait till we are sure that this is a false flag before giving up our position.
Therefore;
Level of entrance is 16.50, SL is 16. TP 18.40.
$iris USD Falling WedgeGreat entry time now! Buy the breakout of the trendline
#Defi coin and it will bounce back $irus
Gold analysis for mid-term useIt's all in the chart.
I've used Elliot wave to predict the market correction wave. According to my analysis the market goes on until it hits the upper channel and will pullback to the trend line which in this case we got two trend line.
It will either hit upper trend line and the correction wave of Elliot is done and the market is ready to move forward with this trend.
OR it will go down to the previous trend line which has been in effect for more and then correction wave is done and the market is ready to move forward.
Hope you enjoy :),
I will be waiting for your feedbacks!