Breakout in GAIL India

14 Oca 2021

• Breaking consolidation range of Sep-Oct 2019.
  
• Above 200 day Moving Average
  

There is a gap up opening on 12-Jan-2020 which might get filled. Below 2 entry scenarios can be considered.

Scenario-1
Entry @140 when gap gets filled
Stoploss 135
1st Target 150
2nd Target 160

Scenario-2
Entry @150 if gap doesn't get filled
Stoploss 140
Target 160