hima23

Sail Channel trade

Long
NSE:SAIL   STEEL AUTHOR INDIA
Channel trade :
The script has been trending in a channel.
It has breached the high once and now is within the channel again.
Will buy future currently @62.60 for a target of 68.28. SL at low of last green candle.Will trail the SL post 2 point gain.
Alternatively sell Sep 55 PE. It is outside the channel. Free 2400 INR
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