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Sailshort

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.
NSE:SAIL
by ajinkyadiwakar717
1
SAIL steel author India possible Elliot wave countsTrend indicator macd for SAIL is turned negative now on daily time frame, also with price closed below 20DMA along with follow up seen in today's session, price retraced up to 50% Fibonacci level of recent fall and turned back towards south. Also, possible Elliot wave counts are suggesting correction is pending ahead, if our counts are going correct then price can unfold wave C of wave Y of wave 2, then we can assume for target of 50 where wave C would be equal to wave A, fingers crossed, on the way upside 88 is an invalidation level for current view. Possible wave counts on daily chart Retraced 50% of recent fall Price closed below 20DMA with followed up Weekly upper band pressuring down, once it close below 20WMA then more bearish 20WMA is now crucial support level, once it breaks then more bearish MACD in daily negative crossover RSI in daily is down tick and below 50 RSI in hourly is below 40 Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
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NSE:SAILShort
by RK_Chaarts
15
Sail ShortI 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 methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:SAILShort
by EntryandExit
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. ------------------------------------- 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.
NSE:SAIL
by Trading_hawk
17
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 Trade Target will be 150. So from Daily time frame we can see there might be the chance of reversal of the trend. ------------------------------------------------------------- Simple Trade Setup | 16-08-2021 On 15min time frame it made a rounding bottom pattern. If it breakout this pattern succefully then we can see uptrend in this stock. Indicator to use. 1) RSI (14) 2) 50MA 3) 21MA Time Frame: 15min (in general) and 5min(during the trading to check the price action once it breaks the levels). Things to observe and Action to take. 1) Avoid trading for initial 15-20 min and let it get settled. Don't jump in to trade even if it is moving quick up or down. 2) If it opens above 135 and trade above 135 and takes support from 135 then need to check RSI if it really breaks that trendline on RSI and stays above it. Then 135 level will be the entry for buy Trade with quick target of 137. 3) If it opens above 135 and breakdown 135 level then wait till it goes to 50MA on 15min time frame and from 50MA it takes support from but then it faces resistance from 135 level and at the same time if RSI is facing resistance from that trendline then it will be confirm short trade with SL of 136.50. But if it breakout 135 level and RSI is above that trendline then it will be confirm buy trade with SL of 133.50. All the marked levels will work as target. 4) If it opens between 133-135 then breakout of either side will give quick trade and in that RSI has to breakout that trendline for buy trade or RSI has to break down that trendline for short trade. 5) Safe Buy trade entry will be breakout of 137 level. 6) Safe sell trade entry will be breakdown of 133 level with 50MA on 15min time frame. Hope I made it simple to understand it. Chart and levels are easy to understand. Comment your doubt or suggestion. All the best for next week.
NSE:SAIL
by Trading_hawk
LONG SAIL- POWER OF HARMONICRECENTLY 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 power of harmonic and our swing catching . As A harmonic trader I will eagerly wait to short from 108. Of course we will create hedge in order to play safe. For Nifty And BankNifty Intraday Calls Contact Us - Contact Details Shared In Our Profile
NSE:SAILLong
by Omahto
Short SailI 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 that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:SAILShort
by EntryandExit
SAIL SHORT 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 methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:SAILShort
by EntryandExit
1
SAIL SHORT 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 methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Example presented in these chart is for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:SAILShort
by EntryandExit