SAIL - breaking its pennant pattern
SAIL is forming a pennant pattern in 1 month chart with targets of 162 if it crosses levels of 140
SAIL ( Steel Authority of India ) Targets -
Breakpoint of pennant pattern = 133
Target 1 = 140 ( crosses on 7th may, 2021)
Target 2 = 150
Target 3 = 162 ( If it crosses levels of 140 )
Time Frame of Chart = 1 Month
Time to cross Targets < 20 Days
SAIL ( Steel Authority of India ) Targets -
Breakpoint of pennant pattern = 133
Target 1 = 140 ( crosses on 7th may, 2021)
Target 2 = 150
Target 3 = 162 ( If it crosses levels of 140 )
Time Frame of Chart = 1 Month
Time to cross Targets < 20 Days
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