Apr 23
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2...
SAIL is on the verge of giving big monthly breakout from trendline.
It is one of the few PSU stocks which have not shown rally in past couple of years.
We can expect huge upside in this stock given the improved profitability and efficiency of the company.
Definitely a must have stock in portfolio if interested to invest in metal sector.
However, metal sector is...
looks like sail is forming j-hook pattern on both weekly and monthly, also did a breakout, more chances to test the following resistances
Target 1: 113
Target2: 128
Target3: 163
- inverted head and shoulder break out at weekly chart
- buy volume also increased
this analysis is for learning purpose only.
It is just a view, please trade at your own risk. I'm not SEBI registered adviser
cup with handle formation found at weekly chart.
if it sustains above pivot r1 (140) it may go up further
this analysis is for learning purpose only.
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
As we know from recent correction of the market all stocks corrected almost 20%. due to financial year closing most of holding of Goverment stocks has been sold by investors and now they are showing intrest in Goverment stocks ahead of election for gains.
Trend for SAIL is bullish and as per chart patters stocks recently take a support from is major trend line so...
SAIL is breaking resistance which it has tested in last couple of days.
SAIL should be bought at 151.5rs.
For the TGT of 180rs.
SAIL is an government company so there is no fear of financials as such now.
If it fall from this level we can still average at 135rs.
sail looking bearish to me traders may book profit in short term & after 10% fall from here we will get best entry level at lower trendlinr support zone where the risk reward is also good
SAIL Long Term chart looks interesting.
Breaking out of a long term channel supported by momentum, supported by relative strength and supported by volumes.
Likely to move towards 2008 highs which presents a good upside opportunity from here.
Watching closely.
PS: Now I don't quite understand Elliot wave in detail, but try and lookout for whatever could to be 3rd...
Details:
Asset: Steel Authority of India Limited (SAIL)
Pattern: Channel breakout
Breakout Level: Sustaining above 160
Potential Targets: Projection based on channel width or next significant resistance levels
Stop Loss: Below breakout level or as per risk tolerance
Timeframe: Medium to long-term
Rationale: Steel Authority of India Limited (SAIL) has experienced...
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Hi,
NSE:SAIL has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on daily, weekly and monthly time frames.
RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario I am expecting that the bullish momentum will continue.
Complete price projection like entry,...
Good volume build in the past few candles in daily time frame.
All time high breakout with good volume than retested on the trendline, can give a good move if high sustains.
NOTE: i do my analysis, do your before trade.
THE stock has been forming an inverse head and shoulder pattern and has been in formation since quite long it can give massive breakout son . target for the same is 225
