Saturday, May 10, 2014

GAIL Trade setup

Hi friends,
                  I had posted Gail some time back and the stock moved a bit and then 
started to consolidate in a range .
Let me put the chart to get a clear view .
GAIL Trade setup
From the chart we can see that
the d wave is taking time and 
right now we could be in bwave
(blue) precisely c of b should 
happen so here we have a small
long trade as long as gail holds 
on to the low of 356 it can 
target 391.
So ideal trade would be buy 
in dips with a sl of 356 

for a target of 391. Lets see how this stock moves.



Post a Comment