manavtechresearch

SAIL INVERTED PATTERN BREAKOUT

Long
NSE:SAIL   STEEL AUTHOR INDIA
SUMMARY:-
*stock has broken out of inverted head and shoulders breaking out
*stock is set to move higher
*stock can be added on dips
*metals are tricky and are affected by commodity news
*but stock has covered today the gap zone

SAIL OPTION BUY
80 CE SEPT
BUY@5.5
STOP@2.5
TARGET@8-10-12

SAIL SPOT
BUY@80
STOP@74
TARGET@85-90-95

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