gail looks bullish in medium term Long

GAIL INDIA LTDNSE

Beschreibung

⋅ 9. Jul. 2017 17:46

gail is moving in an uptrend channel in weekly, and now at channel support, also hidden bullish divergence is seen.

so sl - below the channel support - 342, and 1st tgt - previous swing high - around 425

Trade ist aktiv

⋅ 18. Jul. 2017 03:21

till now 386.15

Trade ist aktiv

⋅ 30. Jul. 2017 12:46

price is getting squeezed between 2 trend lines, watch for a breakout.

Trade wurde manuell geschlossen

⋅ 3. Aug. 2017 12:35

price broke the support line, looks bearish.

Kommentar

⋅ 9. Okt. 2017 13:44

It is moving up and approaching channel resistance, in.tradingview.com/x/92tIY3GE/.

I got impatient with the short term volatility and got out of this early.

Kommentare

padiyara

⋅ 10. Jul. 2017 01:57

imgur.com/t2P1neV

In Bullish Hidden Divergence, price is up and the indicator will be slowing down. A classical bullish Dive is forming in at the bottom.

Also a classical bearish Divergence is forming on top naturally, but it shows a negative move in indicator's upper trend line, while the stock is still bullish.

padiyara

⋅ 10. Jul. 2017 01:39

i have a similar view.
thank you

ParamjitMahapatro

⋅ 10. Jul. 2017 02:32

@padiyaraa, thanks for sharing your view

padiyara

⋅ 10. Jul. 2017 02:45

@ParamjitMahapatro, you welcome

rahaman2000more

⋅ 9. Jul. 2017 18:14

It's a bearish divergence

padiyara

⋅ 10. Jul. 2017 01:51

@rahaman2000more, this is actually a hidden Bullish divergence. please look in t the link for a pic.

imgur.com/t2P1neV

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