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Manish_Mangla
Apr 10, 2021 10:14 AM

MONTHLY WEEKLY CHANNEL BREAKOUT IN #SAIL 

STEEL AUTHOR INDIANSE

Description

SAIL has given monthly weekly channel breakout after some accumulation btwn 104-98 may go for 110-114 as tg1 and 118-120 as tg2 and stop loss as fails to cross channel successfully may need to wait for 2-3 weeks

Comment

Need to consider the environment getting formed in market due to increasing number of CORONA cases

Comment

as took little support at rsi60

Comment

breakout is with the volume at weekly time frame

Comment

Now if the market doesn't fall due to #CORONA then SAIL is must add stock in portfolio for long term
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