SAIL - Head and Shoulder, Rising Vol and RSI, Price abv 200SMA
Updated
Rising Volume + Rising RSI + Price Taking Support at 200 SMA
Next Targets : 84 - 92 - 114 - 123
Stop Loss : 60
Head & Shoulder Breakout above 40.5 in Nov'20
Neckline Resistance very beautifully at Fibonacci levels
For Left Shoulder : 78.6% - Rs51.5/-
For Head : 61.8% - Rs45/-
For Right Shoulder: 50% - Rs40.5/- (Breakout Level)
Chart Only for Educational Purpose
Next Targets : 84 - 92 - 114 - 123
Stop Loss : 60
Head & Shoulder Breakout above 40.5 in Nov'20
Neckline Resistance very beautifully at Fibonacci levels
For Left Shoulder : 78.6% - Rs51.5/-
For Head : 61.8% - Rs45/-
For Right Shoulder: 50% - Rs40.5/- (Breakout Level)
Chart Only for Educational Purpose
Trade closed: target reached
All Targets upto Rs123 achieved.A return of 62% generated in 2 months.
Trade was initiated at Rs76.
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