Buy above Rs.105 Target Rs. 134 Stop Loss Rs. 95
It's going on a monthly chart breakout with a good volume. Can keep a buy as long as 78 support is not broken with a tgt of 250,although a confirmed approach will be above 100
SAIL BIGGEST BREAKOUT OF THE YEAR PSBL WATCH 97 ABOVE TARGET 175++
RECENTLY SAIL GAVE A CORRECTION FROM OUR PRZ LEVEL. BUT BEFORE CORRECTING I GAVE A CALL TO BUY FOR A TARGET OF 10% AND AFTER GIVING US 10% IT CORRECTED FROM OUR TARGET AS WELL AS OUR PRZ AREA. Now if it crosses the recent high made then it will go to 108 i.e our PRZ area. Till Then Look For Buying Opportunity for the target of 108. But you all will see the...
thats how i traded SAIL with 30% Gain in less then 15 Days when all markets are dying
Note: This is for educational purpose only. Please do not trade F&O based on this analysis. There seems to be a bullish hammer at ascending triangle support. Moreover, this coincides with 50 EMA. RSI above 50 indicates bullish momentum. During price fall, there was a decrease in volume which indicates weak sellers. SL: 62.50₹
I 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 . Thank You Disclaimer: It should not be assumed...
Note: This is for educational purpose only. There seems to be a bullish breakout with good volume. However, RSI indicates extremely overbought. There will be a pullback to previous resistance level which will act as support now before the next up move.
Note: This is for educational purpose only. There seems to be a bullish breakout with high volume. There seems to be a bullish breakout in RSI as well. Moreover, RSI above 60 indicates bullish momentum.