Short SAIL at PoC 40.95 SL - Exit if day's close above 42.25
NATIONAL ALUM IS READY FOR INVESTMENT PURPOSES AND CAN BE SEEN TO REACH GOOD LEVELS IN NEAR FUTURE TARGETS ARE 38-42 AND LONG TERM TARGETS ARE 58-60+
Note: This is for educational purpose only. There seems to be a bullish breakout with high volume. There seems to be a bullish breakout in RSI as well. Moreover, RSI above 60 indicates bullish momentum.
Levels mentioned on chart, consult your consultant before taking any position, avoid derivatives. Buy in cash with a medium term review.
I hope you can now see how Sail represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be assumed...
Sail is trading near its long term support 33. A bounce from here is possible till 43-44 (where three resistance lines are meeting) if breaks 36. SL will be below support (33)
It is forming a Rising Wedge pattern. During the completing of the wedge the price will fluctuate with the high targets on the chart. Around 24 nov the wedge will complete and will start falling to a lowest target of 35.
I hope you can now see how SAIL represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the...
I hope you can now see how SAIL represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the...
Its nearing resistance , one can sell after the rejection
I hope you can now see how Sail represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the...
Bull structural still maintained with slow and steady momentum to the upside 37.85 easily possible.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
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In the coming weeks metals may witness a pull back, like tata steel SAIL is also enjoying a hammer formation on a very strong support level. We may notice that there are multiple of factors supporting SAIL here. The hammer formation further confirms buying here. RSI is just at the bullish oversold extreme though MACD has fallen below 0, a bounce may not be ruled...
educational purpose