udhaya0000

SAIL: j-hook pattern on weekly and monthly?

Long
udhaya0000 Updated   
NSE:SAIL   STEEL AUTHOR INDIA
looks like sail is forming j-hook pattern on both weekly and monthly, also did a breakout, more chances to test the following resistances

Target 1: 113

Target2: 128

Target3: 163
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doing good, more to go I believe
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waiting for a big move, lets see
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2.6% lets see what happens in the coming day
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2.8% this week, lets see what happens next week
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breakout, more to go I think
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3% so far this week, lets see how much it moves this week
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next support is around 89, let see if that respects
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Trade closed: stop reached:
looks like moving towards 83.55, looks like its hard to break 96 so closing this one
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testing support currently, if the blue line break and close below will lead to more correction, if the line respect we can see some bounce back, lets see
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if 83 break chances to test 45 more, lets see what happens
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looks like 83 is good support lets see where it closes on monthly
Trade active
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looks like will try to break the resistance, lets see
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fantastic rally, looks like more to go!
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next target 112
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it has formed a sell signal on weekly candle, also it breaks the support line and trend line, if I'm not wrong it might test 91 level
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hopefully will take support near 91, lets see
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Looks like sail is taking support between 91-93
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lets hope for 113 in 1-2 weeks
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took support near 91
Trade closed: stop reached
Trade active:
Lets hope for 112 next
Trade closed: target reached:
target 1 achieved! if this break 128 next
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looks like 295 in long term! hopefully in 5 years
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1.17% this week, lets see what happens next week
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6 more to the second target
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looks like 163 possible, lets see
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if 128 break 163 next
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looks like it is taking support, lets hope for 163!
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fantastic 4% moving towards 128 after taking support
Trade closed: target reached:
2nd target achieved, if 128 break we can expect 163 next
Trade closed manually:
Target 3 seems like hard as it got rejected at 0.786
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almost 16% corrected!
Trade active:
Looks like more on upside possible, lets see
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closing above support more chances to hit 3rd target as well as 296, lets hope for the best
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Metal sector looks strong also testing support more can expect next week, lets see
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looks like a good recovery, more to go!
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163 next
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15 more to go!
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lets hope for 163 sooner
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10 more to go!
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if 163 break 192 is the next target, lets see

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