Gearing up for a new 52 week high after a brief consolidation. The metal cycle has yet not ended and we are yet to witness a lot more ahead. In the chart, 20 EMA is heading up above the 50 EMA and the start for the new upcycle can start from 8th of November 2021.
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Again giving good volume breakout for tgt of 120 130 positional with Strict Sl 86
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. ...
Swing trading setup "SAIL", can expect more than 100% returns. The stock is picked on the basis of both technicals and fundamentals, can easily expect good returns after 1st target breakout, and even targets up to T1 are quite attractive, one can add sail in his/her portfolio seeing the price at which it's available. If you liked my idea, please like and follow me...
Stock is trading in channel. Stock at major support zone. Made double bottom pattern at support zone. Trend line and inverted HNS pattern breakout visible.
Tata Steel BSL NSE:TATASTLBSL Cmp - 93 Stop - Nil, Add more on relevant dips Expectation - T1 - 450 T2 - Open, Review at 450 Expected Holding Period - 2 years or earlier for T1 Technicals - ✅ Fundamentals - ✅ View:- Investment Disclaimer:- Ideas being shared only for educational purpose Please do your own research or consult your financial advisor before investing
* Breaking Out Of The Range Of 10 years (2011-20) * Target can be 175-180 * Estimated time Frame (3-8 Months)
Jindal steel and power is just a little above from its proper buying zone but can still be considered for a quick swing .
Tata Steel Looking Bullish while Just near its All Time High for the second time. Nice Breakout given with More than Moving Average Volume while forming a Cup and Handle Pattern on 4H time frame. 1180-1190 acted as a major resistance zone earlier in the past. Post breakout candle was closed above 1190, a healthy retracement was observed taking support at the...
NSE:SAIL Simple Trade Setup for SAIL for 09-08-2021 date. Chart and levels are easy to understand. Do comment your doubt or suggestion. Always Trade with SL.
NSE:SAIL SAIL looks bullish now. Here is chart with levels. hope it is simple to understand. do comment your doubt or suggestion.
Coking coal is used in steel mfg as raw material with iron ore. $ACF Futures have broken key resistance $204 in July with support at $200 and resistance at $233 in August. Closing >$233 in Aug. could see coking coal at $266 in Sept.
Metals had followed a clear cyclical pattern. 2004-08 was the longest bull run where it gave returns of over 321%. The current bull run is still a year old and had already given returns of 275 percent. How long will this party run? RSI is at 78 and had broken all previous ATH except the RSI of 2008 bull run which peaked at 90 before cooling off.
Everything is mentioned in the chard Dont trade without consulting your finencial adviser. Do comments because that is the only motivation for me.
GPIL is a midcap steel derived products, power generation and iron ore mining. This stock has had a tremendous bull run (almost 9x YoY) and still trades at a reasonable valuation Expecting further value unlocking to happen as the Steel bull run continues.