Breakout in GAIL India
- 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
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