GAIL Short double Top/Regression Channel Breakout

21 thg 3, 2017

The stock has nicely formed double top pattern and gave clear breakout. It is also trading out of Regression Channel and RSI trading below 50 is confirming the bearish view. One can short the stock and look for the target of 353 in coming days.

28 thg 3, 2017

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Shorted the Future yesterday @ 380.