TradingSutra

SAIL: Classic Cup & handle & wave formation

Long
NSE:SAIL   STEEL AUTHOR INDIA
After the previous run , stock has gone into a consolidation & formed a bullish triangular structure. The breakout of the structure suggests , sail has more upside in the coming session . Look for the target of 105 levels . SL should be maintained at 86
Trade closed: target reached
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Comments

currently retracing ... CMP is 93.55... i purchased @ 96.35, at what TF we are thinking this ?
+11 Reply
@MahendraKolhapure Sail will retrace to 88 again and then start it's bull run
Reply
@MahendraKolhapure I don't think you have to complain today.
Reply
time frame for 105?
+8 Reply
Good catch...
+4 Reply
TradingSutra InvestPro_India
Reply
Time frame for this target ?
+2 Reply
Good call It retested the upper band drawn seems bullish from here
+2 Reply
TradingSutra DalalStreetTrader
Reply
DalalStreetTrader TradingSutra
@TradingSutra, superb target reached
Reply