udhayakumarb

SAIL in UpMove

Short
NSE:SAIL   STEEL AUTHOR INDIA
After few days of price correction it got great support at 118. Now the stock weakness was reducing day by day and will expect the MACD cross over from below. Also RSI showing good strength. We expect the stock move up to 140.

Suggestion:
Buy: 126-128
Target : 142
Stop loss: 115
Time frame: 10 days.

Disclaimer: This is my understanding and not a financial advice. Please do your analysis before investing.
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