Gail India Ltd. engages in the exploration, production, processing, transmission, distribution and marketing of natural gas. The company was founded on august 16,1984 and is headquartered in new delhi ( india).
In this analysis we will analyze performance of Gail India stock price is 138.50. If we see last one month performance so since 1 Feb. 21 to 10 Mar. 21 it was performing in bullish trend during this time period stock price reached from 124.25 to 154.80 after this time period it got a bearish breakdown, and at present Gail stock gave a positive signal with W chart pattern. If stock will break S1 then you have to sell for target 132.75. If stock will break R1 then you have to buy for target 147.35. This analysis is applicable for short term period (for one week).