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udhaya0000
Jul 11, 2023 5:05 AM

SAIL: j-hook pattern on weekly and monthly? Long

STEEL AUTHOR INDIANSE

Description

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
Comments
nishantinvestor88
SAIL mai weekly and monthly break out done of 94 levels
prashantmundada123
Broooo.....Just holding And Waiting was awsm......
Mezok_Khatri
ye bhai J hook naya laya ,,.... jai ho jai ho
jcteny
81.4 may be the next entry point. no recommendation for buy, hold, sell.
nishantinvestor88
bad result effect on stock badly 😅
udhaya0000
@nishantinvestor88, chances for bigger move as nifty has more chance to shoot up from here
nishantinvestor88
@udhayakumars yes bro ... metal sector 💪
jcteny
next support is around 86. no recommendation for buy, hold, sell.
udhaya0000
@jcteny, I won't recommend buy and sell, I just share my ideas here
nishantinvestor88
I have been holding this for 2 years my buying price is 110 qty 500 ..will hold for 130+
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