k314

SAIL BUY setup - Hunt with tRex

Long
k314 Updated   
NSE:SAIL   STEEL AUTHOR INDIA
BUY SAIL at CMP (₹64)

T1: ₹55
T2: ₹55.5

SL: ₹53.45
Comment:
Typographical error

BUY SAIL at CMP (₹54) and obviously not ₹64 😝😛
Comment:
Forming ascending triangle

Comment:
After posting the analysis Sail made a high of 54.40
Later fell suddenly till 53.50 and missed SL by 50 paisa!

Some serious tug of war going on
Comment:
On a bigger picture SAIL has bounced on a trendline.

Comment:
Right-Angled and Descending Broadening pattern on day chart.


Trade closed: stop reached
Trade active:
Going long again with same setup (only for aggressive traders)
Trade closed: target reached:
T1: ₹55 achieved
T2: ₹55.5 achieved

ALL TARGETS DONE
HUNT OVER

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