GAIL trade ideas
GAIL another 12% upmove possibleGail is ready for another 12% move.
Even though yesterdays candle broken the earlier high, its a big red candle. So there was strong selling at previous high. Next trading session, if its gap up above yesterdays high, then this trade will be active and possible 12% upmove can expect.
GAIL BREAKOUT PART -2 😄As part 1 was a good success now we can go again or leave, but still..
Gail might give a good swing or positional move sustaining above or between
174.5-175
Entry 174.5 - 175
Stoploss - 170
Targets 180,185, 192++
Note - if any trade or value that's gone from the level we marked then that's not our trade just let it go.
I'm not sebi registered this is my personal view.
GAIL India Ltd - An Overview for Stock HoldersAs per previous chart history and current position of this stock, it is indicating to buy at CMP or wait for a dip to enter on reversal. Fundamentals are strong of this stock.
All major points are mentioned on the chart itself
Target - 170, 190 and 230
Below 130 might be a Blood Bath for Stock Holders
Blood Bath Targets are:-
115
102
82
75
Do your own research because I am not SEBI registered person and this is my personal opinion about ZEAL Aqua Limited stock
Thanks for your support as always
GAILNSE:GAIL
GOOD CLOSE !!!
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
GAILNSE:GAIL
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
GAIL low risk long tradeon 1 hour, gail has broken its resistance and came back to retest it in the form of a descending channel. While breaking out of the channel and confirming the bullish trend, it has also formed another bullish pattern, inverse head and shoulder. Looks like a very low risk trade on 15 min timeframe
CUP & HANDLE PATTERN FORMED IN GAILTECHNICAL ANALYSIS :
CUP AND HANDLE PATTERN -
A nice cup & handle pattern had finished forming on 26th jun after which market broke out of it & started going bullish for the next 2-3 months
100D SMA REVERSAL -
Market had taken a support from 100D SMA twice indicating strong bullish momentum
STRONG SUPPORT-RESISTANCE LEVEL -
Apart from that market had taken support from a strong support-resistance level again indicating strong upward pressure
PROFIT -
Market had finally reached the profit target of 132 which is equal to the height of the cup & then rebounded
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.
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