Aniketyourtechnicalanalyser

SAIL is super bullish for traders.volume increased.

Long
NSE:SAIL   STEEL AUTHOR INDIA
Hello traders,
SAIL is giving good move in these previous sessions and will also give good move in the next sessions.
check the chart for details.SAIL gave Cup and Handle BO and trendlines BO.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
Trade closed: target reached: wow what a move.first intraday tgt hitted.52.6 CMP.this will surely go tomorrow to 55.swing tgt pending and it will also soon hit :)
Trade closed: target reached: swing tgt reached in just a week.hope you all earned well.
this is power of price action.
thanks,
aniket.

Comments

Good One.
2021 is dedicated to steel sector.
after a long downtrend sail has given trend reversal on all time frame and target for next year is 250
+1 Reply
Yellow TL is good. Blue is incorrect.
Overall good chart.
+1 Reply
@Piyush-Gupta, ok sir.will correct my analysis.thanks for the comment :)
Reply
yes sir if we draw horizontal line from previous resistance and support neck lines it was broken h.l. at 44 levels. the depth of the cup is 10Rs. so it will move upto 55 in coming trading sessions.
Reply
@visukt, correct :)
Reply
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