STEEL AUTHORITY OF INDIAUpdated SAIL- A perfect downtrend channel- Currently at lower band
As prices moving in perfect downtrend channel but at lower band Support and one horizontal bas also @ 68-72, so if holds than one bounce can expect from here to 80, 85+ (1st resistance area).
Note
Made low o0f 69.50 and bouncing back Cmp 73.50Note
Starting for upmove Cmp - 76.60
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.