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Sailbuy

SAIL ready for correction?NSE:SAIL has reached an important sell zone of 177/170 at the half yearly time frame with fresh buy zone created at 166/160 levels, if sail manages to break above 177 and give a daily closing and opening above 177 then we can see more upside in coming days but before that we may see a small correction till 166/160 zone before countinuing the upside trend. if we see a break below 160 then we might see 150 level zone getting tested , do keeep watch at the levels and plan your trades accordingly.
NSE:SAIL
by ajinkyadiwakar717
1
Bullish Opportunity: SAIL Channel Breakout Above 160Details: Asset: Steel Authority of India Limited (SAIL) Pattern: Channel breakout Breakout Level: Sustaining above 160 Potential Targets: Projection based on channel width or next significant resistance levels Stop Loss: Below breakout level or as per risk tolerance Timeframe: Medium to long-term Rationale: Steel Authority of India Limited (SAIL) has experienced a channel breakout, indicating a potential shift in sentiment. The stock has shown strength by sustaining above the key level of 160. This breakout suggests the possibility of a significant bullish move in the near future. Accumulation Opportunity: The current scenario may present an opportunity for investors to accumulate SAIL shares at advantageous levels, considering the potential for further upside. Possibilities: Bullish Momentum: Sustaining above 160 could attract further buying interest, potentially fueling a bullish momentum. Projection Targets: Traders often project potential upside targets by measuring the width of the channel and extrapolating it from the breakout point. This provides an estimation of the potential target levels. Confirmation: Confirmation of the breakout with sustained trading volume would enhance the validity of the bullish scenario. Risk-Reward Ratio: Depends on individual risk appetite and stop-loss placement. As with any investment decision, it's important to conduct thorough analysis and consider risk management strategies before accumulating the stock.
NSE:SAILLong
by CyborgTradingHub
SAIL Analysis !!📈 SAIL 📉 Today broke out from a Resistance Zone after testing two times and also broke out from a downtrending Trendline Zone on closing basis. On Buy Side I am looking for Targets of 114, 129 followed 143. StopLoss should be kept at 93. It offers 1:4 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:SAILLong
by ShelendrAgrawal
SAIL - Looking good for Swing Trade🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:SAILLong
by PrakWorld_Traders
4
SAILSail is in recovery stages, looking for clearer sign of strength, we broke out of falling channel and now have overlapping impulse waves, could be a leading diagonal, if yes we can start projecting higher. all indicators are also suggesting same direction, one can go long at these levels or in dips ( if any ) with mentioned key levels on chart. Wave Structure could be like this Breakout with good intensity of volume weekly macd Daily macd Rsi in daily above 60 Dmi adx also positive Bbc Disclaimer I am not sebi registered analyst My studies are for educational purpose only Consult your financial advisor before trading or investing
NSE:SAILLong
by RK_Chaarts
7
Simple Trade Setup | SAIL | 16-09-2021 NSE:SAIL Observations: 1)On Daily Time frame: It has been facing resistance from 21DMA and is not able to close above it. Currently 21DMA is placed at 121.48 level. Please refer below chart : Daily time frame. 2) On daily time frame: It has been respecting the support zone and keep on taking support from it. Support Zone if from 118.55 to 120 level. Please refer below chart : Daily time frame. 3) On 1hr time frame it has been trading between 118.60 to 123.75 level since more than 7 days. Breakout of any level will give move on respective side. Please refer below chart : 1 hr time frame. ------------------------------------- Trade Setup for Date 16-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL.
NSE:SAIL
by Trading_hawk
17
Simple Trade Setup | SAIL | 16-08-2021NSE:SAIL On daily time frame it has taken support from 50DMA range on 11 Aug and 13 Aug. And on 13 Aug, it closed above 21DMA and 50DMA. This is a sign of reversal is coming in trend. Please refer below chart. ------------------------------------------------------------- And If you see, since Novemebr 2020 it has traded below 50DMA for very less time and 50DMA range is working as good support level and reversal. It could be good positional trade if it closes above 136. Positional Buy Trade Target will be 150. So from Daily time frame we can see there might be the chance of reversal of the trend. ------------------------------------------------------------- Simple Trade Setup | 16-08-2021 On 15min time frame it made a rounding bottom pattern. If it breakout this pattern succefully then we can see uptrend in this stock. Indicator to use. 1) RSI (14) 2) 50MA 3) 21MA Time Frame: 15min (in general) and 5min(during the trading to check the price action once it breaks the levels). Things to observe and Action to take. 1) Avoid trading for initial 15-20 min and let it get settled. Don't jump in to trade even if it is moving quick up or down. 2) If it opens above 135 and trade above 135 and takes support from 135 then need to check RSI if it really breaks that trendline on RSI and stays above it. Then 135 level will be the entry for buy Trade with quick target of 137. 3) If it opens above 135 and breakdown 135 level then wait till it goes to 50MA on 15min time frame and from 50MA it takes support from but then it faces resistance from 135 level and at the same time if RSI is facing resistance from that trendline then it will be confirm short trade with SL of 136.50. But if it breakout 135 level and RSI is above that trendline then it will be confirm buy trade with SL of 133.50. All the marked levels will work as target. 4) If it opens between 133-135 then breakout of either side will give quick trade and in that RSI has to breakout that trendline for buy trade or RSI has to break down that trendline for short trade. 5) Safe Buy trade entry will be breakout of 137 level. 6) Safe sell trade entry will be breakdown of 133 level with 50MA on 15min time frame. Hope I made it simple to understand it. Chart and levels are easy to understand. Comment your doubt or suggestion. All the best for next week.
NSE:SAIL
by Trading_hawk