Sailsell
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 Tra




