Cup and handle completed in SAIL. seems bullish for shirt term investment.
NSE:SAIL Stock is settling at the best support level of 150 rupees, Buy sustain above the 158 rupees, Target 1 is 165 to 168 rupees, Target 2 is 175 to 180 rupees, Stoploss atleast one day candle close below 148 rupees.
Sail is trading near resistance zone and taking support of 9 and 21 moving average meanwhile volume is decreasing, closing above Resistance zone with good volume can give good upside.
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...
SAIL is on the verge of giving big monthly breakout from trendline. It is one of the few PSU stocks which have not shown rally in past couple of years. We can expect huge upside in this stock given the improved profitability and efficiency of the company. Definitely a must have stock in portfolio if interested to invest in metal sector. However, metal sector is...
Details: Asset: Steel Authority of India Limited (SAIL) Pattern: Channel breakout Breakout Level: Sustaining above 160 Potential Targets: Projection based on channel width or next significant resistance levels Stop Loss: Below breakout level or as per risk tolerance Timeframe: Medium to long-term Rationale: Steel Authority of India Limited (SAIL) has experienced...
NSE:SAIL This Look like Good Rounding bottom pattern Add To Your Watchlist Set Your SL Small
NSE:SAIL Stock take a best support level of 134 rupees, buy above 143 rupees, Target 1 is 150 rupees, Target 2 is 160 rupees, stoploss below 130 rupees at least one day candle closed.
SAIL is at 14 years resistance level. Volumes, RSI on monthly and weekly charts look very promising. A possible breakout on the cards! Overall, metal sector looks well set for a rally in the next 1-2 years which makes SAIL a safe bet. Keep a close watch and go LONG if it breaks out!
📈Keep an eye on Nifty Metals Index . 📈On 13th Feb Index has formed hammer candle which indicates trend reversal. 📈Metal index has taken support on trendline as shown into chart and started moving upwards. 📈Index has made triple top and triple bottom pattern on daily chat. We may see bullishness till 8348 level. 📈Stocks to watch into Metal Sector are as follow:...
NSE: SAIL is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 20% to 30% gain on...
NSE:SAIL cmp 135 will provide an impressive profit in the months ahead The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out independent research and evaluation to ascertain...
SAIL (1D TF) - Swing Trade Analysis given on 28th Jan, 2024 Pattern: FALLING WEDGE BREAKOUT - Breakout - Done ✓ - Volume Spike at Resistance - Done ✓ - Retest & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #SAIL
Sail made a strong #Breakout in weekly timeframe and made confirmation with the follow up candle. Can expect quick move in shorter time. Look for Proper Entry Point. Maintain proper SL. Will get Good Rewards.
CMP : 128.10 STOPLOSS : 101.50 TARGET : 184.65 This is not a buy or sell call, analysis is shared for educational purpose.
I daily make educational content videos for swing / positional trading
there is a potential strong support level around ₹92.36. This level has been tested and held multiple times in the past year, most recently in December 2023. There is also a significant increase in volume at this level, which suggests strong buying pressure. Additionally, the 50-week moving average is also located around this level, which can further act as...