Tuesday, 19 September 2017

GAIL- Lot more price pumping forward.

GAIL ; looks attractive on chart.likely to gain momentum forward looking for LTH.



Technical parameters;

MACD signal cross above zero confirms wave 4 over and wave 5 is on.
RSI - looking up above 50
Stoch - Midway.

This is a clear buy now 0.382 - 398 will act as support in any crash event.
Will buy at cmp 414 and on dips 398.

now setting target,FIB confluence seen at 521.
Wave 5 and Gann target seen at 509.

My exit set at 509.

23% upside seen which is good for a Nifty blue-chip stock 


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