manavtechresearch

GAIL ON THE VERGE OF BREAKING NECKLINE???

NSE:GAIL   GAIL INDIA LTD
AS DISCUSSED EARLIER THAT GAIL CAN BE A POTENTIAL HEAD AND SHOULDERS ON THE DAILY CHART
WE HAVE TO WAIT FOR THE BREAK BELOW THE TRENDLINE
I WENT SHORT AND ALSO RECOMMENDED @355-60 LEVELS
WITH FUTURES TRADE
SO WE CAN HOLD ON THE STOCK FOR DOWNFALL WITH STOP
@350
IF BREAKS MY FIRST TARGET WILL BE 315 AND THEN WAIT FOR
A PULLBACK BEFORE GOING SHORT AGAIN
CAUTION DO NOT ENTER FRESH TRADES HERE
IT WILL BE AGAINST THE TRADING RULES OF H&S
IF PATTERN FAILS WILL LOOK LIKE A DESCENDING TRIANGLE AND USUALLY DESCENDING
TRIANGLE WITH UPSIDE BREAKOUT WILL ALWAYS PERFORM BETTER ON THE UPSIDE.


HERE ARE THE PREVIOUS OBSERVATION


TRADERSMOJO TELEGRAM CHANNEL
*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
t.me/tradersmojo
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.