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Saurabh9823

SAIL- A perfect downtrend channel- Currently at lower band

STEEL AUTHOR INDIA (NSE:SAIL)  
Saurabh9823 Updated   
NSE:SAIL   STEEL AUTHOR INDIA
Chart Patterns Trend Analysis
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chartpattern trendanalysis
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).
Comment:
Made low o0f 69.50 and bouncing back Cmp 73.50
Comment:
Starting for upmove Cmp - 76.60
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