Ami8singh

Cup and Handle pattern in Gail

Long
NSE:GAIL   GAIL INDIA LTD
Hello Traders. My view for GAIL is Bullish. As you can see the formation of Cup and Handle Pattern in the chart, I guess formation of handle has been completed because the price within the handle pattern is taking support from previous resistance. You can also see the Pregnant Glamour candlestick pattern with the handle. I guess it's time for breakout of handle. Targets for Short and Mid term trades are given in the chart.

Before you invest please consult with your financial advisor. I am not SEBI Registered Advisor and I am sharing the idea for educational purpose.

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