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k314
Sep 29, 2017 5:02 AM

SAIL BUY setup - Hunt with tRex Long

STEEL AUTHOR INDIANSE

Description

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
Comments
SpSenthil
Looks like you don't leave SAIL until it gets bounce back..
☺️
k314
@SpSenthil, ha ha 😜😝😛🙈 I am over optimistic about the bounce for multiple reasons
SpSenthil
Let us sir, who wins ☺️
k314
@SpSenthil, Who could win according to you? Please share your thoughts and analysis :)
SpSenthil
@trex88, I too strong believe in bounce back technically.
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