SAIL @ 84.55 Analysis on 11-Feb-2023SAIL @ 84.55 Analysis on 11-Feb-2023
As long as 61/19 holds support, we can see 178-193, 274-300 in the long run.
Sail
Triangle pattern Breakout in SAILTriangle pattern Breakout in SAIL
From the past 2 years stock was in a down trend forming triangle pattern. Finally it has given breakout from this down trend on 02/01/23 with good volume. In todays trading session price has managed to close above breakout candle. We can expect a decent uptrend in coming days.
All possible targets are marked on the chart. Maintain strict stop loss at 72.5
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
NSE:SAIL
SAIL Daily looking bullishSAIL Daily looking bullish, It has trendline breakout with 200 ema support on daily candle.
Good to buy at 88 for targets of 113,141 with sl below 83
SAIL - Trendline BOSAIL - A clear BO of trendline, good move and volume
Consider for long
Take trade as per your risk reward ratio.
Long position in SAIL Sail is in uptrend and already reached the TP1 and retresed baca little but soon it will again get on the trend line soon in a month and the next TP2 is Rs. 111 and TP3 Rs. 158.
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NSE:SAIL
Sail Breakout(Weekly)Sail weekly TF
Long only if it sustains 90 in the coming week
Short only if ascending triangle breakout from the downwards side.
SAIL steel author India possible Elliot wave countsTrend indicator macd for SAIL is turned negative now on daily time frame, also with price closed below 20DMA along with follow up seen in today's session,
price retraced up to 50% Fibonacci level of recent fall and turned back towards south. Also, possible Elliot wave counts are suggesting correction is pending ahead, if our counts are going correct then price can unfold wave C of wave Y of wave 2, then we can assume for target of 50 where wave C would be equal to wave A, fingers crossed, on the way upside 88 is an invalidation level for current view.
Possible wave counts on daily chart
Retraced 50% of recent fall
Price closed below 20DMA with followed up
Weekly upper band pressuring down, once it close below 20WMA then more bearish
20WMA is now crucial support level, once it breaks then more bearish
MACD in daily negative crossover
RSI in daily is down tick and below 50
RSI in hourly is below 40
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Price Action Chart Of Steel Authority Of India #SAILSteel Authority of India is struggling to close above 86 which is a strong horizontal resistance, only sustaining above 86 will open the gates for 98 and 112.
CMP 86
TP1 98
TP2 112
#SAIL
SAILSAIL:- formed cup and handle pattern and also breakout the resistance and retest also confirm
buy at current level... buy for short term target....
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
SAIL The metal sector is cyclical in nature , most of the stocks have undergone 50%+ correction , SAIL has fallen from 150+ levels and made lows around 65 forming a wide base double bottom and nearing breakout levels of 87+ , the volume profile also shows the maximum accumulation around the 75 levels , with a fall in the US inflation and the cooling down of the DXY index , can we expect a further rally in the metal sector is something to be looked at, if the levels of 90 are crossed with high volumes the levels of 100-105-115 could be seen easily.
SAIL #Watchlist
#SAIL (D):-CMP 86.9 Looks Good Above 87 for Target 90/100++, 82 below closed (View Invalid) :)
#Disclaimer:-View shared is for educational purposes only.
SAIL - A bullish view for short-term SAIL is making a reversal bullish pattern with a favorable risk-reward ratio. I am looking upside of 10% in the short term.
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triangle breakout in sailprice has made a very popular chart pattern with lower highs and higher lows i.e. Symmetrical Triangle . Pattern has been broken out and the latest candle has closed above the breakout candle. Nice time to enter in this stock.
Entry= current price
StopLoss= 79
Target= 87
sailNo need to explain by words. by chart itself its so clear. aggressive traders can take immediately by breaking. safe traders can wait for retest.
SAIL looking good above 84A great pull back from 0.618 golden fib level and it may continuing up move (tools used fib retracement and trend
based fib extension)
SAIL : Buy when no-one buysThis analysis comprises of both price action and smart money concept. A huge rally is waiting in SAIL, try to use it guys !!
How did I time my entry in SAIL?Well, many traders spotted the head and shoulder pattern, but it can be seen that stock didn't move much after the breakout but consolidated in a rising wedge for some days(which is generally a good sign).
Now, in the morning I was looking for an entry so after looking at the 1-hour time frame, I found a perfect triangle rising wedge pattern, so I was waiting for a 1-hour candle to close above the trend line. I took entry at 79 with half quantity and on the retest, I added my other half.
Entry, Target, and Stoploss are mentioned in the chart.
Thank you!
SAIL LongSail is on a steady up move and has given a significant break out on the daily charts. Setup looks good for positional long. Intraday charts show higher low formation
Entry CMP
Target 82-93
SL 70
Market has a bullish bias given the consolidation and good inflation data from US
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SAIL knocking at heavens door!!!!After a nice consolidation, looks like SAIL is about to take off!! A slight push from here would easily take it to 90+ levels. Its for positional!
SAIL - SWING TRADING - 21.07.2022 - BAHAVAN CAPITALSAIL Above 74 for a Target 112.
As per the Below Data
18.07.2022 FII Net Holding 156.08 Cr DII Net Selling 844.33 Cr
19.07.2022 FII Net Holding 976. 40 Cr DII Net Selling 100.73 Cr
I Anticipated FII Participation to increase and stock to move uptrend as per my post on 19.07.2022 and indeed its good to see FII everyday increased holding.
20.07.2022 FII Net Holding 1780.94 Cr DII Net Selling 230.22 Cr
21.07.2022 FII Net Holding 1799.32 Cr DII Net Selling 312.29 Cr
I only Share my opinions on the shares which i will buy and not for the sake of only publishing and not entering in any stock. Sail had crossed above 74 and Iam holding Sail as per my own buy call.
Happy Profitable Trading to All.
SAIL - SWING TRADING - 19.07.2022 - BAHAVAN CAPITALSAIL is about to Break out and Buy Above 74 and Target 112.
There has been change in the holding patterns in last few days.
and it indicates FII have beginned their entry middle of this month onwards.
18.07.2022 FII Net Holding 156.08 Cr DII Net Selling 844.33 Cr
19.07.2022 FII Net Holding 976.40 Cr DII Net Selling 100.73 Cr
So iam anticipating a uptrend move for this month.
Will discontinue Intraday and focus on Swing Trading.
Happy Profitable Trading to All....
SailSail will sail above 73 to 75 then 80+.SL important, this sector is risky in these times, global metal prices are not giving much confidence. But this one has drop enough for now, can build up from here.
