ajinkyadiwakar717

SAIL ready for correction?

ajinkyadiwakar717 Updated   
NSE:SAIL   STEEL AUTHOR INDIA
SAIL has reached an important sell zone of 177/170 at the half yearly time frame with fresh buy zone created at 166/160 levels, if sail manages to break above 177 and give a daily closing and opening above 177 then we can see more upside in coming days but before that we may see a small correction till 166/160 zone before countinuing the upside trend.

if we see a break below 160 then we might see 150 level zone getting tested , do keeep watch at the levels and plan your trades accordingly.
Comment:
sail hits 150 zone, if breaks then we may see 147 level and finally142/139 target.

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