GAIL
-Triangle pattern (A-B-C-D-E) formed in Nov and Dec 2016
– Duration : 49 days
– Break out on Dec 29 with high volume
– Long position on Dec 29, 2016
Entry price: 310
Stop loss = 289.6
Target = 328.4 (achieved in 15 days)
Triangle – GAIL
GAIL
-Triangle pattern (A-B-C-D-E) formed in Nov and Dec 2016
– Duration : 49 days
– Break out on Dec 29 with high volume
– Long position on Dec 29, 2016
Entry price: 310
Stop loss = 289.6
Target = 328.4 (achieved in 15 days)