SAIL: SAILING AGAINST ALL ODDSSAIL(4h): Cmp looks perfect for a short-term swing trade for 155+ levels. Investment rationale: Bullish flag breakout with volume expansion & buying interest in entire Metal basket. All oscillators are positive.
Sail
SAIL LONG.SAIL has been in an uptrend, continuously forming higher lows. After the recent complex pullback, it seems rested and ready to move forward and challenge its highs and possibly make new ones. It was unable to close above 128 for a number of sessions and has finally broken out past that level on a closing basis. Keep an eye out for levels of 150 and beyond.
SAIL TO SAIL AGAIN BUT THIS TIME TO ⭐#61(GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know.
Leave a comment that is helpful or encouraging. Let's master the markets together .
NIFTY METAL: THE PARTY IN METAL STOCKS HAS JUST BEGUNMetal rally is not over it is a temporary blip.
Reasons why the rally in metal stocks may not end so soon:
1) As there is a strong demand for metals, the supply chain is not yet fully in place and there is an expectation of a super cycle, the party in metal stocks has just begun.
2) The global economic data is very strong. Once the second wave is over, then India’s recovery would also be strong. Eventually, we will see the market following global trends.
3) Chart looks very promising to me. Look at 20 DMA, it is acting as a major support. RSI is forming a higher base,which is a sign of big bullish momentum. Rest is self-explanatory.
Not everyone is equally bearish on the metal stocks. I believe the correction in prices is temporary and will not last.
My favorite picks: TATA STEEL, SAIL, JSW STEEL, & JINDAL STEEL.
SAILSWING TRADE:
SAIL, trying to complete rounding bottom, 136 is very strong resistance here, take entry above 137 with small SL below 135.
SAIL: LET'S SAIL TO THE MOON !!! SAIL(M): CMP LOOKS GOOD FOR A MULTIBAGGER RETURN. 1) MULTI-YEAR TL BREAKOUT 2) BIGGEST BENEFICIARY OF COMMODITY SUPERCYCLE 3) ALL OSCILLATORS ARE POSITIVE.
Rectangle Pattern Breakout #rectangle #sail ##chartpattern
Rectangle Pattern Breakout after Correction on daily chart pattern.
Happy LEARNING
SAIL - Bull flag + Falling wedge + Volume expansionKey Highlights:
1. Bullish market structure
2. Volume expansion
3. Trendline breakout
4. Falling wedge pattern
5. Flag & Pole formation
6. Support zone: 117-120
7. Target: 151, 169, 178, 192. Stop loss: 119
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
#JSLHISAR CMP191 #Target 251(32%) #JINDALSTEL #JSWSTEEL #SAIL#JSLHISAR
NSE: JSLHISAR
LONG TERM INVESTMENT
CMP 191.30
Target : 251.80
SL : 171.60
Timeframe < 60 Days
Can hold for longer time
Factors:
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
SAIL Rs180! YesNSE:SAIL earlier I shared an idea on SAIL, updating on the same...
The resistance of Rs150 did play a good role which i drew on chart shared earlier.(See link below)
Now expecting one more push to upside.
A crucial Rs180 level resistance to watch for. If it sustains even on Rs180 price, it can push higher. But let us watch it again when it does reach that level first.
SAIL ANALYSIS FOR LONGBUY @ 124.70
SL @ 115.45
TARGET 1 :- 133.85
TARGET 2 :- 143.80
Risk Reward Ratio :- 2.28
Take Entries as per Price Action
** Only for Educational Purposes
PLEASE DO LIKE , COMMENT OUR POSTS .
SAIL GONNA SAIL HIGH SOON....:)TRIANGLE BREAKOUTS. I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. bye
#36 journal of my posts(GENIE IDEAS): Iam a breakout trader.I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. I have also posted my views on indraprastha gas, ubl , tcs ,exide, tata power.
17 PROFITABLE POST
10 NOT EXCUTED POST
3 STOP HIT POST
1 EDUCATIONAL POST
4 STILL GOING ON SWING TRADE POSTS.
DISCLAIMER: THIS POST IS A JOURNAL POST. I HAVE LINKED MY PREVIOUS POSTS WHICH ARE STILL ACTIVE YOU CAN CHECK IF YOU WANT:)
SAIL, Channel plus BoxSAIL, moving in Channel plus Box pattern, buy if close above 125, big breakout on the way.
Sail - BullishConsolidating for long
Small resistance above
wait for proper breakout with volume (on hourly)
SAIL - morning starSail have show "Morning star" candle pattern in 4 hours chart, Hope It may reach 150/- with SL-117
SAIL FuturesCan short sell
LTP: 122.40
Resistance: 127.50
DEMA crossed in a bear trend
MACD matches DEMA
RSI below 50
15m is in down trend
FY21-22 Swing Trade Idea #61: Long on SAILThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
SAIL can go up if it beats latest Tweezer TopThe fib retracement drawn between the low on 19th April’21 and hight on 10th May’21 says it can retrace to 135 and then 150 levels.
But now it has formed a Tweezer Top pattern in the daily charts .
Levels to watch out for are 121.05 and 113.35-116.5, which are respected since 2007 and 2011 respectively. If they are breached downwards then those who are holding should be cautious.
Those who want to engage safely should wait till it goes up above 126.
If that happens, then target 1 should be 135 and target 2 should be 150. Stop loss under any of the supports which it respects.
PS: I am not a SEBI registered advisor. Enter in trades after reaching out to your advisors or at your own risk.
