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Gail (india) ltd

Discussion in 'Technical Analysis' started by srspriya06, Mar 13, 2013.

  1. srspriya06

    srspriya06 Active Member

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    Gail forms W pattern and can buy when it goes above 345 ..... Wats ur view?
     
  2. verenmitter2001

    verenmitter2001 Member

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    I think this stock is in downtrend or in consolidation mode (384-329) since october.
    personally speaking I would not play on this stock.

    Shabbir kindly put some light on it.

    Thanks and regards
    veren
     
  3. shabbir

    shabbir Administrator Staff Member

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    Agree on the W but then you are trading against the trend of Gail which is down so follow the stop of 325 religiously.