Sail is trading near its long term support 33. A bounce from here is possible till 43-44 (where three resistance lines are meeting) if breaks 36. SL will be below support (33)
Momentum still intact however the channel might give it a RESISTANCE.
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 . Disclaimer: It should not be assumed that the...
Bull structural still maintained with slow and steady momentum to the upside 37.85 easily possible.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Weekly Channel as shown in Chart. Chart is hovering near Weekly Support. Possible Long Move. targets can be seen on Chart