SAILNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Sail
#TATAMETALI 23%$return $TCS $TATASTEEL $JSWSTEEL $HINDALCO $SAIL#TATAMETALI
TATAMETALI
CMP: 1055.70
Target: 1300++
May Hold if longer time frame planned.
Stoploss: 897 (on close price basis)
Time Frame: Less than 3 months.
Factors:
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Higher Highs & Higher Lows.
Breakout above RESISTANCE levels
Trading at SUPPORT levels
Fundamental are strong.
High Revenue
High Cash flow
Asset Quality Good.
Earnings report & quality strong
EPS Positive
Risk Return Ratio is healthy.
And
Rising from the Bottom to Bullish Wedge Pattern Breakout to Flag Pattern Breakout.
The stock has given a all time high breakout.
Potential to reach high further.
Minimum Target in SAIL is...Rs 180+NSE:SAIL and all of the Steel segment expects huge surge in quarterly estimates.
Hence this rally is going to continue and that has also directly connected to NSE:GRAPHITE and NSE:HEG due to Steel dependency on graphite and electrodes for manufacturing.
The Updates on graphite segment is already done in the ideas on my profile.
Enjoy the rally!
Target 2 (117%) achieved. Target 3 is ON...This is follow-up on SAIL. Can check link to related ideas.
Target 2 achieved. More than 117%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
Cup and handle pattern in SAILCup and handle breakout has been given in SAIL along with rise in volumes. Can initiate longs. It also seems that the Nifty Metal will outperform Nifty50 index. Be invested in the stock for medium to long term. In the short term, the stock should soon clear the level of Rs.80 after which the stock will further give a good upmove.
LONG SAIL- POWER OF HARMONICRECENTLY SAIL GAVE A CORRECTION FROM OUR PRZ LEVEL.
BUT BEFORE CORRECTING I GAVE A CALL TO BUY FOR A TARGET OF 10% AND AFTER GIVING US 10% IT CORRECTED FROM OUR TARGET AS WELL AS OUR PRZ AREA.
Now if it crosses the recent high made then it will go to 108 i.e our PRZ area. Till Then Look For Buying Opportunity for the target of 108.
But you all will see the power of harmonic and our swing catching .
As A harmonic trader I will eagerly wait to short from 108. Of course we will create hedge in order to play safe.
For Nifty And BankNifty Intraday Calls
Contact Us -
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[positional] Ultracemco Long.....[other up trending stocks]UP trending stock under consolidation
buy above 6960
target of 7523-7920
SL below 6000
good volume in uptrend
and currently under consolidation phase with decreasing volumes
Other stocks are
1.sail
2.tatasteel
3.tataconsumer
4.tatachem
5.upl
6.Dr. Lalpathlab