SIMPLE PRICE ACTION IDEA
GAIL has been following clear trends since.
Recently, very positive earnings were released. Massive upside potential
Price recently took support on 100 MA cluster on daily TF. . On smaller TFs, bullish divergence can be viewed on RSI as well.
Daily Close Candle above 157 can yield targets of 170+ (Target 1)
If the weekly resistance line (marked above) is respected targets of 200+ are possible (Target 2)
Estimated time for price to reach target is mentioned in the charts.
I'm a beginner here. Would love to hear all suggestions and feedbacks if anyone has any. <3
GAIL has been following clear trends since.
Recently, very positive earnings were released. Massive upside potential
Price recently took support on 100 MA cluster on daily TF. . On smaller TFs, bullish divergence can be viewed on RSI as well.
Daily Close Candle above 157 can yield targets of 170+ (Target 1)
If the weekly resistance line (marked above) is respected targets of 200+ are possible (Target 2)
Estimated time for price to reach target is mentioned in the charts.
I'm a beginner here. Would love to hear all suggestions and feedbacks if anyone has any. <3