Sai Life Sciences Ltd. Daily Chart 📊 Key Levels (Daily Pivot Support & Resistance)
Based on recent pivot point calculations and technical data:
Daily Pivot Point
🔹 Pivot: ~₹950.25 (central reference level)
Resistance Levels
🔺 R1: ~₹980 – ₹996
🔺 R2: ~₹996 – ₹1,026
🔺 R3: ~₹1,026+ (higher breakout zone)
Support Levels
🔻 S1: ~₹934 – ₹943
🔻 S2: ~₹904 – ₹921
🔻 S3: ~₹888 – ₹904
🧠 Context & Price Reference
The stock currently trades around ₹995–₹1,000 range (latest market snapshot).
The recent intraday low (~₹956) and high (~₹1,004) also act as near‑term support and resistance zones.
📈 How to Use These Levels
Bullish scenario: Break above R1 (~₹980–₹996) with volume could signal continuation toward R2/R3.
Bearish scenario: Failure at pivot (~₹950) and break below S1 (~₹934) may open S2/S3 zones.
Scalpers/Intraday: Use pivot as the midpoint reference for buy/sell zones within the trading session.
Note: These are technical reference levels for traders, not financial advice. Prices fluctuate continuously; always combine with real‑time charting and risk management.
Sailbuy
SAIL - Weekly - LongThis is a weekly chart of the SAIL, so it is useful for positional or swing trading.
First, let’s understand the trend based on the markings.
Earlier on the left side, the stock was making lower highs and lower lows, which clearly shows a downtrend. This phase is marked with “lower low” arrows. After that, the selling pressure reduced and the price started stabilizing. From the middle of the chart onward, you can see the structure changing. The stock started making higher lows. This is the first sign that the downtrend is ending and accumulation is happening. Later, the price moved above the 20 EMA and started respecting it as support. Each dip near the 20 EMA formed a higher low, which confirms a trend shift from downtrend to uptrend.
Now, focus on the 20 EMA.
In the recent candles, price is staying above the 20 EMA. The candle marked as “elephant bar above 20 EMA” shows strong buying interest. A large green candle closing above the moving average usually indicates strength and momentum returning to the stock. As long as price stays above the 20 EMA on a weekly closing basis, the trend remains positive.
Resistance and breakout view.
There was a clear resistance zone around the 139–140 area. The price has now moved above this level, which is marked as “resistance broken”. When an old resistance is broken, it often turns into support. This breakout improves the probability of further upside.
Volumes analysis.
Volume was relatively low during the sideways and base formation phase. Recently, volume has expanded on the bullish candle, which is marked as “high volumes”. This is important because a breakout with higher volume shows genuine participation and not just a weak bounce. Rising price with rising volume supports the bullish view.
RSI analysis.
RSI is around the 60–65 zone. This indicates strength but not overbought conditions. RSI staying above 50 usually supports an uptrend. Since RSI is rising and comfortably above 50, it confirms positive momentum. There is still room for upside before RSI reaches extreme levels.
Overall trend conclusion.
The structure has shifted from lower lows to higher lows. Price is above the 20 EMA, resistance is broken, volume is supporting the move, and RSI confirms strength. All these signals together indicate a bullish trend on the weekly timeframe.
Entry plan.
A safer entry would be on a small pullback towards the broken resistance zone or near the 20 EMA, around 138–142, if price shows support in this area. Aggressive traders can also enter on a weekly close above the breakout level if the next candle holds above it.
Stop loss placement.
Stop loss should be below the recent higher low or below the 20 EMA on a weekly closing basis. A practical stop loss zone would be around 128–130. This keeps you protected if the breakout fails.
Targets and risk management.
The first target can be near the previous swing resistance around 155–160. If momentum continues, the next positional target can be near 168–170.
Risk only a small portion of your capital on this trade, ideally 1–2 percent. Position size should be calculated based on the distance between entry and stop loss. Do not move the stop loss upward too quickly; let the trade breathe as long as the price respects the 20 EMA.
In simple words, this chart shows a clear trend reversal into an uptrend. Patience, disciplined entry near support, and strict risk management are the key to trading this setup safely.
SAIL : LongTrend: The stock is forming a cup and handle pattern, which is a bullish continuation setup. It has broken out above the neckline around 140 levels, showing strength. The trend has turned positive after a long consolidation phase.
Volume: There is a clear increase in volume during the breakout, which confirms buying interest. Higher volume on breakout weeks indicates that buyers are active and the move is supported by participation.
Momentum (MACD): The MACD line has crossed above the signal line, showing bullish momentum. The histogram is also in the green, confirming that momentum is strengthening.
RSI (Relative Strength Index): RSI is around 65, which shows the stock is gaining strength but not yet overbought. It suggests there is still room for the price to move higher.
ADX (Average Directional Index): ADX is around 21, which indicates that the trend is just beginning to gain strength. As it rises above 25, the uptrend will become more powerful.
Overall view: The breakout above 140 from the cup and handle pattern supported by volume and momentum indicators suggests a bullish outlook. The potential target as per the pattern is around 182. The trend looks positive as long as the price stays above the breakout zone.
Selected SAIL for Intraday
In this analysis of SAIL, we observe a potential bullish setup for intraday
Trigger Level: If the price breaks marked level, it may indicate further upside movement.
Target: Adjust based on price action dynamics.
⚠️ Disclaimer:
This analysis is for educational purposes only and is not a trading or investment recommendation. Please do your own research and consult a financial advisor before making any decisions.
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.
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.
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 SAIL Is Preparing For A Bull RunSAIL has been forming descending channels for more than 47 weeks . It has accomplished corrective structure((4)) at 61.8% of wave ((3)).
Wave ((4)) is a double combination pattern. After creating a low of 84.35, the price started marching upward.
If the price breaks out of the corrective channel, traders can trade for the following levels: 123 - 143 - 162+
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
SAIL TRYING BREAKOUT FOR A RALLY?SAIL has shown bullish signs by rising above the breakout level. The XABCD bearish crab pattern gives us the targets mentioned on the chart.
The volumes were higher than the previous sessions also. However, wait for a pullback or add partial quantity and add further if the rally starts.
The breakout and stop loss levels are mentioned on the chart.
Happy trading :)
This is just for educational purposes.
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
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.
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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.
SAIL SwingTrading and Long termWeakly chart Consolidation
LONG term 1x, 2x return.
Strong on the Metal sector.
Long term target 1 - 240
Swing trading
Target 1 - 128
Target 2- 140-145
Target 3 - 150
From here it can break strongly because of hitting resistance 3 times in a swing.
If SAIL falls from here accumulate shares at a lower prices at 110 and 100rs






















