Gail @ 111.50 as of 22/07-2023.
The monthly close on this month is very important for GAIL because the price never closed above 110 on the monthly time frame since June 2019.
It has been in a long-term downward trend. There was Head & Shoulder on the monthly time frame formed between 2017-19, followed by a major correction of around 50-60%.
Must add in your long-term holding, I'm expecting an upside of at least 40-50% in 2 years.
BUY and forget with an SL of 95
The monthly close on this month is very important for GAIL because the price never closed above 110 on the monthly time frame since June 2019.
It has been in a long-term downward trend. There was Head & Shoulder on the monthly time frame formed between 2017-19, followed by a major correction of around 50-60%.
Must add in your long-term holding, I'm expecting an upside of at least 40-50% in 2 years.
BUY and forget with an SL of 95