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SAIL TRYING BREAKOUT FOR A RALLY?
STEEL AUTHORITY OF INDIA
Long
SAIL TRYING BREAKOUT FOR A RALLY?
By Sanjan91
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Updated
Oct 22, 2021
0
Sep 29, 2021
SAIL has shown bullish signs by rising above the breakout level. The XABCD bearish crab pattern gives us the targets mentioned on the chart.
The volumes were higher than the previous sessions also. However, wait for a pullback or add partial quantity and add further if the rally starts.
The breakout and stop loss levels are mentioned on the chart.
Happy trading :)
This is just for educational purposes.
Oct 18, 2021
Trade active
Target 1 crossed and now it could test the supply zone for support, book some qty, and trail profits until the next target :)
Oct 22, 2021
Trade closed: target reached
almost reached target 2 and then trailing SL hit
Crab
Metals
metalsector
niftymetal
sailanalysis
sailbuy
saillong
Support and Resistance
Sanjan91
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