NeeteshJain
Long

SAIL SAIL SAIL - INDICATING BULLISHNESS

BSE:SAIL   STEEL AUTHORITY OF INDIA LTD
It is been observed on weekly chart that the price action firstly breaks out from a downward trendline and now trending up with increasing volumes indicates change in trend and also high pressure and dominance of buyers in the current price action war. I believe it is a great investment opportunity where one can make over 28% returns within few weeks.

Target: 65
Stoploss: 44.50
Duration: 2-3 weeks

Comments

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