SAIL has broken out superbly in the 1h tf and now it is beginning to form a retest move. If the retest is successful and it breaks out then it will give a good solid move.
Currently for short term if it moves for the retest it is a great shorting opportunity. And once it retests we can hope for long break out or even if the retest fails, we can hope for a further shorting opportunity.
Currently for short term if it moves for the retest it is a great shorting opportunity. And once it retests we can hope for long break out or even if the retest fails, we can hope for a further shorting opportunity.
Comment:
In monthly chart also breakout is visible so it is a very good long term trade also.