GAIL trade ideas
GAILNSE:GAIL
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
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 WHAT NEXT MOVE ???The price trading near strong resistance zone of 111--115, this level is strong hurdle for the price. price at make or break level now. What will the next move of price. Will price breaks the resistance zone moves towards the upside level or price gets rejection from the resistance and slopes down towards the downside.
#GAIL (W TF)
๐Price at strong resistance zone 111--115โ
๐If Breakout than good upmove possible
๐ Interesting Chart setup
๐After breakout price can go for targets of 120/125/130+
Breakout in GAIL with strong volumesBreakout in GAIL at CMP 103.25, 24th February'23 the stock closed near its high of Rs. 103.45 and has just closed above resistance and good volumes were seen in the stock.
Expect the stock to march towards the first target of Rs. 109 and second target of Rs. 113. Stop Loss. Rs. 98