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EWT – Gail is Going To Break 2021’s High

free nse stock gail chart calls

free nse stock gail chart calls

Gail India has completed its 4th corrective wave, where wave C is the last leg of correction.

Price took 27 weeks to complete the corrective wave ((4)).
After completing the wave ((4)), the price has broken the sub-wave iv and signaled a rally. It also has entered into the corrective channel, and this rally can make a new higher high.

The traders can expect the following targets 149-156-170+ for impulsive wave ((5)).

Only premium subscribers can have an invalidation point of this trade.

Wave Formations:

Wave ((1)) started to form an extreme low at 65.
– Leading diagonal

Wave ((2)) has retraced 0.618% of wave ((1)).
– Zigzag correction

Wave ((3)) has extended 2.618% of wave ((1)).
– Five wave impulse

Wave ((4)) has retraced 0.5% of wave ((3))
– Extended wave 5

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Stock market certified investment advisor(s) for Moneymunch. They're a regular guest on popular online channels and writes for several newspapers and financial journals. Who has studied charts for over 20 years, and they have black magic of the share market.

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4 Comments

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