GAIL: IMPULSE UNFOLDING

Stock is rising in a uptrend channel forming HH HL which is the basic definition of an Uptrend. The current price action suggests that prices are unfolding into a primary wave-3.

One should buy the stock on current levels, keeping SL of 105 look for the target of 140 in the coming days and weeks ahead.

Trade geschlossen: Ziel wurde erreicht