Sail
SAIL Ready to Break the trendSail is about to break the trend line in another days.
If it crosses 109 then there is a clear breakout confirm it will come out from the down trend.
For clear breakout expecting a long green candle with open and close above 109.
Note: This is only for educational purpose not a recommendation, please consult your financial advisor before investing.
Sail Long opportunityNSE:SAIL
Stock - SAIL
TimeFrame - Monthly
Hello all!
Sail has been facing heavy resistance between 90 and 104 price band since May 2006. It finally broke that price band on April 2021 with a huge bullish candle and heavy volumes. It has now come back to retest the resistance-turned-support zone and has also formed a Flag and Pole pattern.
The Perfect entry would be after the flag breakout. The analysis would become invalid if the stock falls below the lower flag trendline
Do let me know your thoughts on this!
*NOT A CALL*
SAIL ready for another bull movewe have to wait for the triangle breakout and once the breakout has closed above the b wave in the triangle then it will be a conservative entry.... even if it break down we can accumulate in 100 zone and it will be a good supply zone. then we c expect a bounce back .
disclaimer: i'm not a SEBI advisor I share my knowledge for education purpose. before taking trades kindly consult your financial advisors.
#SAIL #StockMarket #StockIdeas #StocktoWatch #StockToBuyBuy SAIL With A Target Price of Rs. 140/150
Also can buy upto 30% at CMP and rest after it cross 110 levels.
Keep SL of 90 on closing basis.
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Stock Trading in Channel , currently at bottom of channel
Also after recent move, it is correcting from top level. Creating FLAG chart pattern
So better to keep on watchlist.
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SAIL has higher exposure to the Construction segment vis-à-vis peers. Hence, any revival in the Construction segment in 4Q should help the company improve its margins on a QoQ basis
he stock is trading at 3.4x/4x/2x our FY22E/FY23E EV/EBITDA. It is trading at a P/B of 0.8x on FY22E/FY23E
Sail ShortI 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 methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
SAIL is in up moveSAIL is in up move :
Reasons/Traits :
• Triangle pattern break out yesterday and today got confirmed
• Volumes are high
• Price above 13/20/50/200 EMA
• Price above VWAP
• Increased open interest, high deliveries
What can happen next :
Scenario 1 : Price sustaining above 123 levels can take it to 133/141/151 levels
Scenario 2 : Price break down below 123 can take it down to 116/105/98 levels
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
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