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Steelauthorityofindia

STEELCAST✦✦ BREAKOUT STOCK ✦ ✦ #STEELCAS CMP 828.60 The stock was in a long, 52-week consolidation phase before breaking out. 9-Week Small Base Formation 2x Average Volume on Daily Chart Rising EMAS Indicating Strength Entry Point: The ideal entry would be near the breakout level of 830-850, confirming the breakout above resistance with strong volume. Targets: 910, 1020, 1150 Stop-Loss: Set a stop-loss around 735, below the consolidation range, to manage risk in case of a false breakout.
NSE:STEELCASLong
by EmpireCrown
SAIL: Steel Authority of India Ltd - Breakout ViewDate : 8-Jul-2024 Rating : Buy - Positional View LTP : Rs. 155.61 (on 5-Jul-2024) Targets: (1) Rs. 175 --> (2) Rs. 188 --> (3) Rs. 210 SL : Rs. 140 on daily close basis Technical View: • NSE:SAIL is in it's primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 175.35 on 22-May-2024, it has retraced 29% to 124.80 level. • On 5-Jul-2024, NSE:SAIL has broke out from its secondary down trend with higher than average volume. • NSE:SAIL is trading above 20 DMA, 50 DMA and 21 DEMA. • RSI is trading at 54.16 and MACD is about give cross over. • Looking strong to start a new swing from here. Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Ideas are published for learning purpose only.
NSE:SAILLong
by vicky252
SAIL - Bullish Swing Reversal with VolumesNSE: SAIL is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 20% to 30% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:SAILLong
by BrahmaBull31
SAIL Swing/Positional Trading 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 & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view. Please consult your Financial Advisor before making any trading decision
NSE:SAILLong
by sbkurandwad77
SAIL - SWING TRADING - 19.07.2022 - BAHAVAN CAPITALSAIL is about to Break out and Buy Above 74 and Target 112. There has been change in the holding patterns in last few days. and it indicates FII have beginned their entry middle of this month onwards. 18.07.2022 FII Net Holding 156.08 Cr DII Net Selling 844.33 Cr 19.07.2022 FII Net Holding 976.40 Cr DII Net Selling 100.73 Cr So iam anticipating a uptrend move for this month. Will discontinue Intraday and focus on Swing Trading. Happy Profitable Trading to All....
NSE:SAIL
by UnknownUnicorn19608572
SAIL Analysis !!📈 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 basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:SAILLong
by ShelendrAgrawal
More than just a swing trade opportunity #SAILSAIL is in limelight for the breakout of the Inverse Head & Shoulder pattern and falling channel, so I thought to take a look. It looks like SAIL is getting ready to resume its uptrend. • There’s an Inverse Head and shoulder pattern formation with the neckline exactly at a Strong Support & Resistance level . • We can draw two falling channels on the price chart (Marked as Falling channels 1 & 2 on the chart). Price has broken above the inverse head and shoulder pattern, falling channel 1 and Strong resistance line. A breakout above the other falling channel is pending. For the uptrend to resume and to confirm that the correction has ended, the price has to just sustain the breakout and stay above the Strong resistance at 105. After which sail can go a long way. Possibilities of breakout failure can not be ruled out, no matter how favorable the market conditions look. Sometimes the scenarios change instantly. For Swing trade purposes: Buy level – 108.5 (above falling channel upper line) SL – 102 (below breakout candle low) Target – 113, 123, 131 If SAIL starts its up move, it can go way above its previous ATH. Reason? • China produces around half of global steel and it’s dragging down the output by reducing production. Other large steel-producing nations including India saw an uptick in production and exports. • Price hikes are most likely to be announced as coking coal prices are at elevated levels and expected to be there for a long time. • Indian steel producers will have a better opportunity to increase exports due to the absence of Russia & Ukraine. China increasing production is the biggest risk. But for the current scenarios, Indian steel manufacturers are in a sweet spot. SAIL is more than just a swing trade opportunity. I'm betting on the steel industry to grow all together and not just one stock. If you like my analysis and way of presenting, do like and follow. I'll be posting regularly. Not too many but Good-quality analyses with detailed explanations. also, comment your view, I'd love to have discussions. Happy trading. Disclaimer: This is not buy/sell advice. Please do your due diligence before making any trading decision or consult your financial advisor. Sharing my analysis and thoughts for a stronger and healthier community. Cheers
NSE:SAILLong
by Sai_Kumar
18
SAIL: POSITIVE OUTLOOKNSE:SAIL shows strong buy indicated by PSAR, MACD & Fisher crossover. Target 1: 118.95 Target 2: 127.20 Stop Loss: 105.20 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
NSE:SAILLong
by finogent
Break Out Trade in Steel Authority of India Ltd. (SAIL)Date : 4-Apr-2022 Rating : Buy. LTP : Rs. 106.40 Target: Rs. 125-->150 SL : 95 SAIL has given a break out from its primary down trend. 7D EMA has crossed over 13D and 26D EMA. MACD cross over is already done and now its giving bullish signals. RSI is in buy zone and has shown positive convergence. Disclaimer : I am not a SEBI registered analyst/consultant. I am not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
NSE:SAILLong
by vicky252
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