NSE:SAIL   STEEL AUTHOR INDIA
Sail is in recovery stages, looking for clearer sign of strength, we broke out of falling channel and now have overlapping impulse waves, could be a leading diagonal , if yes we can start projecting higher. all indicators are also suggesting same direction, one can go long at these levels or in dips ( if any ) with mentioned key levels on chart.

Wave Structure could be like this
Breakout with good intensity of volume
weekly macd
Daily macd
Rsi in daily above 60
Dmi adx also positive
Bbc

Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing




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