Gail have the potential rally to move up after the break of trendline. Its moving in a channel for quite long time. Now testing the important demand zone which is also a psychological level of 85. We can enter into trade after shifting the from bearish environment to bullish environment.
Trade active
Price starts moving up and breaks the trendline. Its forming double bottom as well. Entry can be on the retest of neck line.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.