#GAIL took resistance from 106 level and has formed a descending triangle pattern in 30 mins charts.
RSI took resistance from 50-level and seems bearish. TT2 trend is also bearish.
Wait for the prices to give a breakout.breakdown from the triangle pattern.
Once the low 102.5 is broken with Volume, look for a sell opportunity with Intraday SL of 104.5.
The next resistance on 30mins chart is 100.5.
KEEP AN EYE!!
***in case of GAP opening, the given levels become invalid. ***this is my personal view. Please take advice from your financial advisor before investing.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.