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praveen.bhatiya
Dec 23, 2016 7:38 AM

Trend is the Friend : SAIL Long! Long

STEEL AUTHOR INDIANSE

Description

Uptrend started in Feb 2016 is still intact, moreover it has formed a beautiful up sloping channel recently. I would go long here with Stop Loss 46.40(Closing Basis) and look for a target of above 57. Worth taking risk with good risk to Reward ratio.

Comment

Stock is doing very well continue with trailing stop loss for the target.

Trade closed: target reached

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