SAIL Swing Trading
These Targets are positional Holding for 1 year time horizon..
Buying/Accumulation levels 98 to 125
Stop Loss: Below 90
1st Target : 152
2nd Target: 180
3rd Target 215
Disclaimer:
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones &...
SAIL Breakout Today @88.70 on Daily and Weekly Chart.
SAIL creating upside channel from May 2023, today if closes above @88.70 then it should be potential breakout.
In Daily charts 50 EMA (Yellow) cross over 200 EMA (White) as well.
SAIL Data Point:
Breakout Level: @88.70
1st Target Level: @93.00
Stoploss Level: @86.00
If SAIL sustain above 1st Target then go...
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...
NSE:SAIL Weekly Analysis for long duration
Wait for strong Breakout and sustain above 87
Trendline breakout is important
If gave clear breakout and sustained with LH LH structure can go for long with SL of 70
T1 100, T2 120, T3 140
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
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Standard Disclaimer
Trading stocks,...
📈 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...
SAIl is being sacked due to rising Coal prices, now that Govt is ensuring adequate coal supplies through imports and indigenous sources. SAIL price can rebound higher to 95 / 100. Keep stoploss of 85
SAIL 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+
Reasons to buy NSE:SAIL :
1. About to break long term trend .
2. Small divergence seen on RSI
3. Reverse Head and Shoulder seen in RSI
4. Bullish Marubozu candle without wicks indicates bullish coming weeks .
Need to hold it for Long time as the tf here is 1 DAY.
SAIL has marked oct top as X and then an ending diagonal, which should now be complete as prices have come back inside the wedge, wave E of wave Y is a shortest in the pattern even as it is a 'Under throw' below lower line, we can say like a fake breakdown, Now macd in hourly has turned positive along with macd in daily is converging towards north, also one...
From the highs of 150 stock has given a corrective fall as ABC three wave correction with c as an ending diagonal. One should go long near current level keeping SL of 93 & look for the target of 117/125/130.
#SAIL
Buy-Above 100
Sl-90
T- 110 115 130+
RR is good here. The stock is in the formation of Flag And Pole. We have tried to enter at lower support levels.
As you can see Sail had been taking support several times at the bottom trend line, and whenever it touches it and closed with a green candle it rally near about 25% before any major correction. So go long if its in near this trend line as this is a beautiful company and chart is in favour
