📈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:...
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...
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 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.
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...
Breaking out from its multiyear resistance trendline today in daily TF as well as todays is weekly closing also gives breakout conformation
it looks very Bullish from this level
good to hold above 125 for the view of longterm investment
my view to this stock is 2x, 3x from this point
also its outperform nifty500 index in weekly time frame
Volume from past...
The 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...
Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadening Pattern Breakout
📌 Symbol/Asset: SAIL
🔍 Description: SAIL has made Broadening pattern from 2011 to 2020 and given breakout of the pattern.
Its a multiyear breakout and retest is also done.
We can see huge upside and might see returns in 3 digit percentage numbers !!
One need to just hold it for few...
Buy Sail with a stop loss set at 80 and a target of 140.However, depending on the individual's risk appetite, it may be necessary to adjust the stoploss and target accordingly.This means that the investor should consider their comfort level with potential losses and gains before implementing this strategy.
"Trading is not about predicting the future,...
refer to chart
sail trading at 97 and being a bottom -'s up candidate
we may seen good upside as nifty also on support
rise of nifty also would be support to achieve our targets.
my levels i have mentioned over chart.
for trade in this stock please consult with your financial consultant.
i'm just sharing my view and not recommending to...
SAIL Swing Trading
These Targets are positional Holding for 1 year time horizon..
Buying/Accumulation levels 98 to 125
Stop Loss: Below 90
1st Target : 152
2nd Target: 180
3rd Target 215
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones &...