Sail has breached its major trendline resistance and now making freely towards it's fib level of 152, Peak volumes like this is not visible for almost 8+ years which indicate that this is not a false breakout. Wait for a Minor Pullback for an entry. This is solely for Education Purpose Only.
Depending on your risk appetite you can book completely at 152 or Partial and ride the Trend,
Fib lvl target 1 hit and reversed from that level. keep an eye and e cautious.
@chinmaypatnaik, No don't do that if the stock has potential you might be missing a big run. Keep a tight stop loss at 137.90 and sit tight.
and also metal sectors are booming check out hindcopper hitting upper circuits from past 3 sessions.
@chinmaypatnaik, bhel charts are showing me a speculative trade I stay away from these charts but if you are interested I have posted another study which is very close to break out. Check it out in my profile.