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shahb4131
Jan 12, 2023 3:42 AM

SAIL positional trade above 90.50 Long

STEEL AUTHOR INDIANSE

Description

Steel Authority of India Limited (SAIL) is one of the largest steel-making companies in India
Technically it is forming inverse Head and shoulder
Breakout is above 90.50
Target 94/98/104
SL 83
Can add once breakout above 90.50 and some near retest level of 88

Fundamentally
Debt to equity is below 1
Trading below book value ( BV is 131 )
Industry PE is at 12 where stock PE is near 8
Market cap of company is 36741 where total sales is near 106841 ( as per the data I follow )
And Major thing is Whole metal sector is performing

Comment

Almost 101
Comments
ronaldofifa69069
I am holding 95ce but ye day by day down ja raha he hold karna sahi he pls reply bro..
shahb4131
@ronaldofifa69069, See brother call of 90 has the highest open interest right now, plus every day THETA will eat your premium so now above 96 your call will get more active. Hope you have proper SL for the position
ronaldofifa69069
mera buying 0.79 hai wish ki 0.85-0.95 par exit ho jau..
shahb4131
good
uniqueidrajan
@ronaldofifa69069 theta decrease very fast after 15 of this month it will not increase .10 point if not crossed spot to strike price
Brijeshkaran
sail is in FNO ban ..
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