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....
NSE: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.
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And If you see, since Novemebr 2020 it has...
NSE:SAIL
Simple Trade Setup of SAIL for 05-08-2021
Chart and levels are easy to understand.
My personal view is bullish on SAIL. but trade with SL and don't hold the trade for long time. Take the profit even if it is a bit away from the target when the price is not giving much moment.
Do comment your doubt or suggestion.
All the best for trading.
NSE:SAIL
Simple Trade Setup for SAIL on 02-08-2021.
Levels and target are mentioned on the chart. It is easy to understand.
Do comment if you have any doubt or suggestion.
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Hey Guys,
You can refer above analysis on 1 Hr basis which is telling us that it is ready for the breakout and its results of Q4 is also gona announce in next week so better to make your longs before it is gona made a new 52 week high and it will go further towards all time high mark my words
Hey Guys,
Get ready for the Blast and its an opportunity to get Double/Triple returns in a very short period of time because Metals is about to shine more as in above analysis Sail is retesting its earlier resistance now taking support on exact levels /range which will turn it in a very big move towards 200/ 250 and many more to come
SAIL - Trading at Buy & Accumulate zone
Buy zone:127-110
Upside Target: 152
Support Levels: 110, 82
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You can also see my other stock analysis and the performance of achievement/judgment in my profile...
SAIL is forming a pennant pattern in 1 month chart with targets of 162 if it crosses levels of 140
SAIL ( Steel Authority of India ) Targets -
Breakpoint of pennant pattern = 133
Target 1 = 140 ( crosses on 7th may, 2021)
Target 2 = 150
Target 3 = 162 ( If it crosses levels of 140 )
Time Frame of Chart = 1 Month
Time to cross Targets < 20 Days
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₹
bat harmonic pattern completed at point d. although stock gapped up at .886 levels but could not sustain and fell. now as a rule after completing pattern stock can fall till or retrace till 50% and bounce back again as we can see with fibonacci so keep stop loss of 67 to 68 only if you are already in the game or for fresh long keep stop of 67
trade at your won risk
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.
