Hi friends, mates and Trading community so here i am sharing a bullish breakout in the share price of steel authority of India on monthly timeframe and in trading we all know that the bigger the timeframe, the bigger the targets will be. So yesterday was a monthly close day and the share price gives a bullish breakout above three years old horizontal resistance...
Key Levels are marked in the chart. The PSU stock looks good to go. For Educational Purposes only. Not a buy/sell recommendation.
NSE:SAIL Stock is settling at the best support level of 150 rupees, Buy sustain above the 158 rupees, Target 1 is 165 to 168 rupees, Target 2 is 175 to 180 rupees, Stoploss atleast one day candle close below 148 rupees.
Hello Trading View Community, I'm thrilled to bring to your attention an exciting development in the stock of Steel Authority of India Limited (SAIL) . After years of consolidation, SAIL has finally broken out of a multi-year resistance, signaling a potentially significant bullish trend. Here’s a detailed analysis: 🔍 Technical Analysis: - Time Frame: ...
Hi, NSE:SAIL has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on daily, weekly and monthly time frames. RSI is also on the bullish side on daily and weekly time frames. In the current market scenario I am expecting that the bullish momentum will continue. Complete price projection like entry,...
NSE: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...
Hi Traders!!! Sell call on really bloody environment. The stock has breached 15EMA on daily time frame. Next support area is 148. Hence, sell the SAIL at 156 for the target of 148 with SL of 162.5
Inverted Head & Shoulder Pattern SAIL + Big base BO followed by low volume retest + Bouncing from 20 EMA + good volume buildup -: Not a Buying recommendation
Looking bullish if crosses barrier of 170. ADX DI +ve above 25
sail looking bearish to me traders may book profit in short term & after 10% fall from here we will get best entry level at lower trendlinr support zone where the risk reward is also good
Apr 23 DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2...
SAIL is breaking resistance which it has tested in last couple of days. SAIL should be bought at 151.5rs. For the TGT of 180rs. SAIL is an government company so there is no fear of financials as such now. If it fall from this level we can still average at 135rs.
Strong Supporting Data and Price Action has increased chances of Breakout this time.
Steel authority of india ltd analyasis on 28 apr 24 Fundametly Strong stock promoter holding 65% ' FII holding 3.18 rounding bottom formation add some quantity buying range 140 to 150 keep stoploss 111 target 160 - 170 - 190 -200 -220 rounding bottom target 225
Raising RS on Weekly and Daily 50DC break along with RS line Breakout can bring Amazing Momentum SL 143 1st Tgt 159.7
SAIL is on the verge of giving big monthly breakout from trendline. It is one of the few PSU stocks which have not shown rally in past couple of years. We can expect huge upside in this stock given the improved profitability and efficiency of the company. Definitely a must have stock in portfolio if interested to invest in metal sector. However, metal sector is...
SAIL Long Term chart looks interesting. Breaking out of a long term channel supported by momentum, supported by relative strength and supported by volumes. Likely to move towards 2008 highs which presents a good upside opportunity from here. Watching closely. PS: Now I don't quite understand Elliot wave in detail, but try and lookout for whatever could to be 3rd...
Details: Asset: Steel Authority of India Limited (SAIL) Pattern: Channel breakout Breakout Level: Sustaining above 160 Potential Targets: Projection based on channel width or next significant resistance levels Stop Loss: Below breakout level or as per risk tolerance Timeframe: Medium to long-term Rationale: Steel Authority of India Limited (SAIL) has experienced...