#SUNFLAG CMP 67.95 Target 90 #INVEST #STOCK #TRADE #STEEL #IRON#SUNFLAG
NSE:SUNFLAG
CMP 67.95
Target 90++
May Hold After Target Reached.
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Might blast to more than 100.
Super Bullish on this stock.
From Rachit Sethia with 💚
Sail
SAIL - breaking its pennant patternSAIL is forming a pennant pattern in 1 month chart with targets of 162 if it crosses levels of 140
SAIL ( Steel Authority of India ) Targets -
Breakpoint of pennant pattern = 133
Target 1 = 140 ( crosses on 7th may, 2021)
Target 2 = 150
Target 3 = 162 ( If it crosses levels of 140 )
Time Frame of Chart = 1 Month
Time to cross Targets < 20 Days
Target 3 (187%) achieved. Target 4 is ON...This is follow-up on SAIL. Can check link to related ideas.
Target 3 achieved. More than 187%. Target 4 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.
"SAIL" is ready to sail in the sea with its pennant patternSAIL is forming a pennant pattern in 1 month chart with targets of 162 if it crosses levels of 140
SAIL ( Steel Authority of India ) Targets -
Breakpoint of pennant pattern = 133
Target 1 = 140
Target 2 = 150
Target 3 = 162 ( If it crosses levels of 140 )
Time Frame of Chart = 1 Month
Time to cross Targets < 20 Days
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...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
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...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
#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.