SAIL Short TradeSell Below 67
Book Profit as per your risk Management.
I am not SEBI registered or any call provider.
SAIL trade ideas
SAILSAIL
CMP 107
Target 150
Stop loss 96
Metal Sector now looking very bullish and SAIL perform outstanding in market movement.
Upside PossibleSAIL is bouncing back from its long uptrend line which can be seen on the chart. This can give a good return on long position.
The stock was in downtrend from last few months but it exactly took support on trendline and started moving in bullish direction.
(Disclaimer: Not a buy/sell recommendations. This is for educational purposes only)
SAIL- A perfect downtrend channel- Currently at lower bandAs prices moving in perfect downtrend channel but at lower band Support and one horizontal bas also @ 68-72, so if holds than one bounce can expect from here to 80, 85+ (1st resistance area).
bouncing at fib levelsSail has completed a impulse cycle, currently it is in correction mode which is usually frustrating and ithis case it super complex, now next fib level which is golden ratio(0.618) is at rs70 level, which i hope will trigger reversal. waiting to buy at 70.
Sail Elliott wave count Hello guys how are you
1st wave come as leading diagonal and 2nd finished at 0.618 fib of 1st wave
Bottom done for sail as larger 2nd wave
Now we will ride on 3rd it will go till fib extension of 1 to 2 of 1.618 .
Stay active if any updates
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Trade at your own risk
SAIL is a positional LONG BUY!Stock is at the confluence of multiple supports Viz., 1.trendline. 2.channel.3.61.8% fib.retracement and 4. 100% fib.extension of previous swing......One can buy the stock for handsome gains in coming days...
Accumulate SAIL Start Accumulating SAIL At CMP
PE Ratio Cooled Off to 2.4
Weak Hands Washed Out On Strong Selling Volume
China To Ease Covid Lockdown Restrictions Which Will Give Boost To Steel Sector
Education Purpose
SAIL Descending triangle !!NSE:SAIL
#SAIL Descending triangle.
Ping me personally for levels
Happy LEarning !!
Positional in SAIL According to fundamentals & technically, Sail gives us a good opportunity to make our portfolio green with a target of 15-20 or may be more after a upper line breakout if market sentiment are positive.
SAIL is ready for PullbackSAIL is currently at the lower trendline of the parallel channel and is ready for pullback
T1 = 90.55
T2 = 99
PS. - Trade at your own risk. This is for educational purpose only.
fibo works beautifullyhe is the itc of metal sector, beautifull chart. as you see sail is respecting every fibo level and if welook at the fundamenals its getting at PE of 2 !!
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.
SAIL @ 90 target 95/100SAIl is being sacked due to rising Coal prices, now that Govt is ensuring adequate coal supplies through imports and indigenous sources. SAIL price can rebound higher to 95 / 100. Keep stoploss of 85
NSE SAIL Is Preparing For A Bull RunSAIL has been forming descending channels for more than 47 weeks . It has accomplished corrective structure((4)) at 61.8% of wave ((3)).
Wave ((4)) is a double combination pattern. After creating a low of 84.35, the price started marching upward.
If the price breaks out of the corrective channel, traders can trade for the following levels: 123 - 143 - 162+
Good Reversal Possible From SupportBuy between 95.8-96.8
Target - 104, 110, 120+
Positive hammer at the support level.
SAIL LongReasons to buy NSE:SAIL :
1. About to break long term trend .
2. Small divergence seen on RSI
3. Reverse Head and Shoulder seen in RSI
4. Bullish Marubozu candle without wicks indicates bullish coming weeks .
Need to hold it for Long time as the tf here is 1 DAY.
SAIL On Daily Time-frame Structure was broken.
If SAIL hold at 105.00 level then we can see a push to the upside.
If SAIL broke 97.00 level we will be looking to sell.
