gail looks bullish in medium term Largo

GAIL INDIA LTDNSE

Descripción

⋅ 9 de Jul. de 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

Operación activa

⋅ 18 de Jul. de 2017 3:21

till now 386.15

Operación activa

⋅ 30 de Jul. de 2017 12:46

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

Operación cerrada manualmente

⋅ 3 de Ago. de 2017 12:35

price broke the support line, looks bearish.

Comentarios

⋅ 9 de Oct. de 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.

Comentarios

padiyara

⋅ 10 de Jul. de 2017 1:57

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 de Jul. de 2017 1:39

i have a similar view.
thank you

ParamjitMahapatro

⋅ 10 de Jul. de 2017 2:32

@padiyaraa, thanks for sharing your view

padiyara

⋅ 10 de Jul. de 2017 2:45

@ParamjitMahapatro, you welcome

rahaman2000more

⋅ 9 de Jul. de 2017 18:14

It's a bearish divergence

padiyara

⋅ 10 de Jul. de 2017 1:51

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

imgur.com/t2P1neV

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