TREND ANALYSIS Trade Setup Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
SAIL (Steel Authority of India Limited) BUY ABOVE 33.25
SAIL (Steel Authority of India Limited) BUY ABOVE 32.5
Weekly Channel as shown in Chart. Chart is hovering near Weekly Support. Possible Long Move. targets can be seen on Chart
SAIL (Steel Authority of India Limited) SELL BELOW 36
TREND ANALYSIS Follow Chart Instruction. Wait for Proper Entry. Do not be Hurry for entry. Do not book/Exit Early , wait for atleast 1st Target. Buy/Invest with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX .
when trendline break it will move sharply upto upper trendline. Can be bought with stoploss of 44.
SAIL showing rejection at channel support.
Good breakout with volumes, can touch 70 in medium term. Keep an eye on other metal stocks.
1) Invert H&S 2) Support at trend line 3) Highest OI at 60 ; near term resistance 4) Dollar likely to strengthen due to crude oil supply tightness
Sail has given Breakout on HTF and on Daily TF Rally is holding well. Expect Immediate Target 67.55 Sustain Above 67.55 for week then this would be good Medium Term Investment Stock.
One can sell Sail on rise with SL of 57 and target of 54.7/ 53.8