Triangle 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....
SAIL 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 - A clear BO of trendline, good move and volume Consider for long Take trade as per your risk reward ratio.
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. If you like the idea then please like, comment and follow for more such ideas. NSE:SAIL
Sail weekly TF Long only if it sustains 90 in the coming week Short only if ascending triangle breakout from the downwards side.
Trend 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...
Steel 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
SAIL:- 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,...
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...
No Overlap Support Crossing 87.60 starts a fresh rise Momentum awaited on LTF
#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 is making a reversal bullish pattern with a favorable risk-reward ratio. I am looking upside of 10% in the short term. Download our app to get Daily Short-Term Stock Ideas. Search on Google Play Store : Intraday Tips Time2Trade
price 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
A great pull back from 0.618 golden fib level and it may continuing up move (tools used fib retracement and trend based fib extension)
This analysis comprises of both price action and smart money concept. A huge rally is waiting in SAIL, try to use it guys !!
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...
Sail 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 ------------------------------------------- Standard Disclaimer Trading stocks,...