Chinmayonniftyy

SAIL: SUPPORT LEVELS ARE CLOSE

Long
Chinmayonniftyy Updated   
NSE:SAIL   STEEL AUTHOR INDIA
SAIL has been moving lower in recent sessions and the main triangle pattern on the chart has broken to the downside. The next logical level is near 117-121, if the price breaks beyond that the bulls could be in trouble. On the upside level the next level to watch is 128, beyond that the target would be 151, however, strict stop loss should be maintained at 117.
Trade active

Disclaimer

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.