SAIL (Bird view) By KRS Charts28th May 2025 / 10:17AM
Why SAIL??
1. As we can see from above chart, it clearly turning Bullish Trend stock from Berish .
2. Fundamentally its Durable and is at decent valuation right now.
3. Technically, in 1D TF fake selling and Gap Down is visible showing sellers got trapped. Such move market gives when they need liquidity, and this can happen both the side.
4. Further Bullish traits Sell candles volume is getting lower and allover lower than bullish candles. which usually noticed when Stock turned bullish on bigger cycles.
5. 100 EMA is underneath in many significant timeframes which also indicates buyers had shown more interest in past and likely this time as well.
Targets and Stop Loss is mentioned in Chart.
Note: This is 1M TF view will be Medium to Long Term
Sail
#SAIL#SAIL has corrected about 40% from recent swing high and currently trading near 61.8% retracement zone + weekly 200 ema and parallel channel support confluence zone. On weekly tf, it is probably trying to make a double bottom.
Historidally, when it gave a breakdown below weekly 200 ema and unable to sustain above it, it continued to underperform for almost 8-10 years but now it is probably trying to take support around it.
Also, RSI is making HLs off late, which is probably a good sign.
In terms of R:R, this is currently a good bet on long side.
As usual, DYOR and this isn't a Buy or Sell reco - but just an educational purpose post
Nifty may give more downside soon As expected in yesterday's commentary we did see a pullback in NSE:NIFTY and it also closed below yesterday's support.
Today again we have a supply candle in the index. Sellers have exceeded Buyers by 62 million volume. You can also see on chart that momentum is also falling Which means selling can continue.
However, tomorrow is weekly expiry so more of a tight Sideway day is expected.
Support would be 25395 and Resistance 25495. If breaks above this and settles for few hours then 25600 would be next target. If we drift below the support then 25333 is the next crucial point downward.
For NSE:BANKNIFTY the next Support is 56100. Resistance at 57280.
I am not opening any new positions just doing momentum trading like I did in NSE:SAIL today. Will be doing same until the Pivot Low is created at weekly support.
NSE:CNXPSUBANK Index still on momentum so keep it on radar and find out a good setup.
That will be all. Take care. Have a profitable tomorrow.
#Learning is Earning 📚
SAIL showing signs of reversal: Worth taking the small risk!⚡ Price Analysis:
1️⃣ Price near trendline support.
2️⃣ Price tapped the demand zone in higher tf.
3️⃣ Price structure need to form HH-HL to confirm the trend reversal.
⭐ Key Observations:
➡️ Expecting some good momentum buildup else there is a risk of a breakdown on the lower side.
➡️ All timeframes aligned for potential upside move.
➡️ Perfect RRR (Risk-Reward Ratio) setup forming at these levels.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 What are your thoughts on this share it in the comments below. ✌️
🔥 Happy Trading!✅🚀
Selected SAIL for Intraday
In this analysis of SAIL, we observe a potential bullish setup for intraday
Trigger Level: If the price breaks marked level, it may indicate further upside movement.
Target: Adjust based on price action dynamics.
⚠️ Disclaimer:
This analysis is for educational purposes only and is not a trading or investment recommendation. Please do your own research and consult a financial advisor before making any decisions.
SAIL Bullish setup for 1:4 risk reward Metal sector is near reversal, it has retested breakout level of 9493.
SAIL Also retested the breakout and made reversal with strong volume candle.
SWING TRADE
Buy SAIL
Above 131
Stop Loss: 125
Target 1 (1:2) 142
Target 2 (1:3) 148
Target 3 (1:4) 153
Duration 3-4 months
Trade as per your risk-taking capacity
*SAIL cmp 143.00 by Monthly Chart views**SAIL cmp 143.00 by Monthly Chart views*
- 150 to 160 Resistance Zone Price Band
- Weekly basis Support at 124 > 105 > 83 with Resistance at 160 > 181 > 200
- *Cup and Handle and/or Double Rounding Bottoms as one may read and interpret*
- *Volumes decreasing month on month indicative of the strongly effective retracement from Resistance Zone*
BEL IS LOOKING BULLISHBEL is looking bullish as its reacted from strong zone. If if closes above 295 more bullishness will be added. These all views are my personal and posting here only for educational purposes. These are not buy/sell recommendations. Better contact your personal financial advisor before go are investing into any stock.
metals are getting cold.metal stocks and index are not looking good for longs right now with global slowdown especially with china slowdown . any positive news from china for real estate sector will bring boost to metal prices.its not TA or FA but a opinion . avoid ferrous metal contracts/stocks . when time comes for long zinc/magnesium/coppper/aluminium are the ones that perform better than any other.
: just a educational guess and not a trading call for buy or sell.
'Strongly Bullish' on SAIL for long term; Weekly Chart analysedThe stock hit a fresh 52-week high of 151.30 on 10th May 2021, but failed to hold on to the momentum, falling about 58% .
SAIL took support at the lower trendline of the wedge pattern on 21st June 2022 and bounced back from a 52W low of 63.60 to a high of 93.90 on 19th Jan 2023, rising about 47% .
In terms of price action, the stock is trading well above all the short-term and long-term moving averages.
RSI is above 50 and MACD gave bullish crossover above its signal line on 2nd March 2023.
Based on bullish moving averages and technical indicators, it is expected that the stock's price will continue to rise towards the assigned targets, with a recommended stop loss of 83 on a closing basis.
Just A View - SAIL📊 Script: SAIL
📊 Sector: Steel
📊 Industry: Steel
Key highlights: 💡⚡
📈 Script is trading at its support level, we may see some good rally from here.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 147
🟢 Target 🎯🏆 - 162
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
SAIL: Steel Authority of India Ltd - Breakout ViewDate : 8-Jul-2024
Rating : Buy - Positional View
LTP : Rs. 155.61 (on 5-Jul-2024)
Targets: (1) Rs. 175 --> (2) Rs. 188 --> (3) Rs. 210
SL : Rs. 140 on daily close basis
Technical View:
• NSE:SAIL is in it's primary uptrend and was recently going through it's secondary downtrend.
• After touching the high of 175.35 on 22-May-2024, it has retraced 29% to 124.80 level.
• On 5-Jul-2024, NSE:SAIL has broke out from its secondary down trend with higher than average volume.
• NSE:SAIL is trading above 20 DMA, 50 DMA and 21 DEMA.
• RSI is trading at 54.16 and MACD is about give cross over.
• Looking strong to start a new swing from here.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Ideas are published for learning purpose only.
SAIL ready for correction?NSE:SAIL has reached an important sell zone of 177/170 at the half yearly time frame with fresh buy zone created at 166/160 levels, if sail manages to break above 177 and give a daily closing and opening above 177 then we can see more upside in coming days but before that we may see a small correction till 166/160 zone before countinuing the upside trend.
if we see a break below 160 then we might see 150 level zone getting tested , do keeep watch at the levels and plan your trades accordingly.