SAIL trade ideas
SAIL 1D trend changing*for educational purpose only. It's not a call. Please trade at your own risk.
We won't be responsible for any p&l.
SAILWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
MONTHLY VIEW ON SAIL CHART Market Cap
₹ 47,253 Cr.
Current Price
₹ 114
High / Low
₹ 151 / 32.6
Stock P/E
5.11
Book Value
₹ 110
Dividend Yield
2.45 %
ROCE
11.2 %
ROE
9.51 %
Face Value
₹ 10.0
SAIL - SAIL STEEL AUTHOR INDIA Target PRICE 184 , While analyzing SAIL found that Sail trend is going upwards. and i strongly believe that Sail share price is going to hit on 184
Sail Authority Break OutSteel authority of India is 52 week high on a weekly chart and it's about 20 day high should on daily chart. wait to cross the 50 DEMA on daily chart and should enter into the trade chances of hitting fibonacci level 1.25 to 1.5 looks high. Volume need to be high on a daily chart.
SAIL - Breakout Retest completed at 105-115 zoneSAIL - Breakout Retest completed at 105-115 zone.
Monthly trend line break will push it high.
SAIL still hovering around the lower line of the channel.and not willing to detach from the support.
It has corrected from 52 week high.
SAIL planning to go for expansion of its capacity
of crude steel from 50MT from approximately 20Mt.
has been decreasing its loan burden constantly.
rising coking coal price may impact its profitability .
as it imports coking coal for its production.
But it appears to me it may not go down further.
for investment purpose it is a value buy.
SAIL short SellSAIL
Sell at 107.70
TARGET buy 106.70
SL 108
i am not a professional trader and this is not a recommandation. this is for study purpose..
if i am wrong in this analysis then please let me know....
thanks in advance
[Turtle] Sail 100PEComment -> Sail is looking to go back in upper channel but there is not much upside in the upper channel apart from strong consolidation. Thats why selling PE
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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SAIL in Demand zone , can accumulate for long term bet.SAIL in Demand zone , accumulate for long term
Support at 100 levels, can be accumulated till 84 levels.
SAILzoom out to see price has reached it's 200 period moving average, good support and only reason to go long... accumulate around the moving average
SAIL holding on to the support and channel lineLet us see if it can in coming days
It is in perfect buy zone unless it breaks the channel.
Tata steel too has bounced from the channel.
I
SAIL,Near important breakdown zone. Keep a watchAll levels & description mentioned in chart.
Thanks
Piyush Gupta
Learn & Earn
parallel channel and a flag a good buy would be around at 109/110 (if sustain)
Target would be 132
check out the self-explanatory chart.
Sail looking good on daily chart in short termLong purple line coming from all time high downwards and on 30th april price broke that line gracefully with 7 rupees big green candle along with good volume and till now that purple line is not breached and assuming its not gonna breach and assuming we can see a pullback when the price touches this time also.
On 24 may and 23 aug we can see price bounce back .
Also upward channel can be seen here and in future, assuming price is gonna run between it.
So further downside is maximum 110.
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.
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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.
Is SAIL waiting for a breakoutI’d sail waiting for a breakout. Waiting for the volume and result when we can see a up move
SAIL SWING TRADE 🚀 🚀 sail making a good option for swing trade 🚀 🚀
buy at near support @ 117-121
target 1 -130
target 2 -144
SL-114.15
SAIL lONGSail is following important support line on bigger time frame . Near resistance is 123 and 125 . If it cross 125 then target will be 140 and target 2 will be 150 by 30th September
SAIL - TRIANGLE BREAKUPAs usual in my learning way, SAIL forming a triangle pattern and if it breaks the pattern, the price will go up
