Omahto

LONG SAIL- POWER OF HARMONIC

Long
NSE:SAIL   STEEL AUTHOR INDIA
RECENTLY SAIL GAVE A CORRECTION FROM OUR PRZ LEVEL.
BUT BEFORE CORRECTING I GAVE A CALL TO BUY FOR A TARGET OF 10% AND AFTER GIVING US 10% IT CORRECTED FROM OUR TARGET AS WELL AS OUR PRZ AREA.

Now if it crosses the recent high made then it will go to 108 i.e our PRZ area. Till Then Look For Buying Opportunity for the target of 108.

But you all will see the power of harmonic and our swing catching .

As A harmonic trader I will eagerly wait to short from 108. Of course we will create hedge in order to play safe.

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