SAIL trade ideas
SAILFlag pattern on sale , go long after breakout of it.
According to me
The blue line is longtime trend line.
wave 4 primary ending soonwave count
Cycle-1
Primary-5
Intermediate-4
Minor-C
Minute-5
Target zone for Minor-c is shown by taking 38.2% & 50% retracement of wave-3 intermediate.
If price falls in the target zone and gives reversal candle in the form of Doji,Hammer,Bullish piercing or Bullish Engulfing followed by a close above high of reversal candle then we can assume intermediate wave 4 has ended as stock seems to have formed a support/base @ 118-120 zone,there is 50 % retracement of wave 3 @ 118.
Further wave 5 target is coming between 150(38% extention of wave 1-3 from wave 4 end)-169(61% extention of wave 1-3 from wave 4 end) if wave 4 terminates between 118-120.
Here we can see asymmetry between intermediate wave 2 and wave 4 in terms of price and time, wave 2 being shallow and short and wave 4 being dip and long.
All in all one can look for a trade setup by looking @ following factors:
1)Price approaching in identified wave target zone.
2)After price fall's in target zone one should look for reversal candle.
3)After a reversal candle on next day,once price cross's reversal candle's high one can take trade and open 30% position,if it close's above reversal candle high take rest of the position and keep a stop-loss of reversal candle low on closing basis.
Simple Trade Setup | SAIL | 16-08-2021NSE:SAIL
On daily time frame it has taken support from 50DMA range on 11 Aug and 13 Aug.
And on 13 Aug, it closed above 21DMA and 50DMA. This is a sign of reversal is coming in trend.
Please refer below chart.
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And If you see, since Novemebr 2020 it has traded below 50DMA for very less time and 50DMA range is working as good support level and reversal.
It could be good positional trade if it closes above 136. Positional Buy Trade Target will be 150.
So from Daily time frame we can see there might be the chance of reversal of the trend.
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Simple Trade Setup | 16-08-2021
On 15min time frame it made a rounding bottom pattern. If it breakout this pattern succefully then we can see uptrend in this stock.
Indicator to use.
1) RSI (14)
2) 50MA
3) 21MA
Time Frame: 15min (in general) and 5min(during the trading to check the price action once it breaks the levels).
Things to observe and Action to take.
1) Avoid trading for initial 15-20 min and let it get settled. Don't jump in to trade even if it is moving quick up or down.
2) If it opens above 135 and trade above 135 and takes support from 135 then need to check RSI if it really breaks that trendline on RSI and stays above it. Then 135 level will be the entry for buy Trade with quick target of 137.
3) If it opens above 135 and breakdown 135 level then wait till it goes to 50MA on 15min time frame and from 50MA it takes support from but then it faces resistance from 135 level and at the same time if RSI is facing resistance from that trendline then it will be confirm short trade with SL of 136.50.
But if it breakout 135 level and RSI is above that trendline then it will be confirm buy trade with SL of 133.50. All the marked levels will work as target.
4) If it opens between 133-135 then breakout of either side will give quick trade and in that RSI has to breakout that trendline for buy trade or RSI has to break down that trendline for short trade.
5) Safe Buy trade entry will be breakout of 137 level.
6) Safe sell trade entry will be breakdown of 133 level with 50MA on 15min time frame.
Hope I made it simple to understand it. Chart and levels are easy to understand.
Comment your doubt or suggestion.
All the best for next week.
SAIL MAJOR BREAKOUT 🔥🔥🔥* Breaking Out Of The Range Of 10 years (2011-20)
* Target can be 175-180
* Estimated time Frame (3-8 Months)
SAIL-INTRADAY-ALGORITHMICThis strategy operates in intraday fashion. Rs.50K capital used in SAIL.
Weekly updates will be posted here. Both long and short trades.
SAIlComing Out Of The Range Of 10 years -2011 To 2021
Longer The Consolidation-Bigger The Breakout.
A No Miss Opportunity..
Must Have In Portfolio..
Buy-130-135 Range.
SL-110 Below Weekly Closing Basis
Target-175-235
Time Frame - 3 To 8 Months..
Big Bulls Is Already Bullish On Metals..
MULTIBAGGER SAIL Another beautiful triangle formation in this stock , very easy pattern to trade.
Show some patience and you will get the results.
You can buy it on the support level with a very little risk
SAIL- Buy The DipSAIL
Buy - Above 123
Sl - 120 (Closing Basis)
Target - 135 145 160
Duration - 4-6 Weeks
We Have Entered SAIL @ 123 And Booked 18%. Now again came to our Level.
sail wonderful setupflag and penant breaked
170 is a monthly level expected and current resistance 150 will be broken very easily because
as it has accumulated a good support
Simple Trade Setup | SAIL | 09-08-2021NSE: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.
An Intraday trading system with a High winning rate using VWAP
Dear reader, this is a full-fledged trading system. If you follow all the mentioned steps correctly, you will definitely have a great winning ratio. You can back-test this system on any instrument, stock, commodity, forex, etc.
This system should only be used to take “Long” trades using the 5 min time frame on a stock that has sufficient liquidity.
Steps to follow:
1. Look for Bullish divergence – The first and foremost thing that you need to do is to look for the Bullish divergence. The bullish divergence must be either strong, medium, or hidden bullish divergence. Ignore the weak bullish divergence. If you don’t know about bullish divergence, you should read my thread on it.
Here’s the link:
2. Look for early signs of reversal, after the divergence has occurred – As soon as you spot divergence, look for different signs of reversal. These can include either some reversal, neutral candlestick patterns or a sharp curve in RSI along with the formation of some bullish candlestick.
3. Look for candlestick patterns – You should look for the candlesticks such as a hammer, bullish engulfing, inverted hammer, a railway track pattern, morning star pattern.
4. When to enter the trade? –You should wait for the price to close above the VWAP and there must be some sort of increase in volume which confirms the buying interest. When the price closes above the VWAP with a good volume, enter the trade. Until both of these conditions are met, do not enter the trade.
5. How to set stop loss? – The stop loss can be either the swing low or the low of the reversal candle. Also, you can either use a fixed stop loss or trail your stop loss to the succeeding swing lows.
6. How to choose the target? – The minimum target should be the previous swing high or the previous supply zone. You can keep trailing your position if the stock keeps giving multiple breakouts.
This system is highly effective and you can modify it according to your needs. You can read and revise this post until you master the concepts. I hope you find this post useful. Also, if anyone is interested in getting a PDF version of this thread, then you can message me, I'll provide it.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
@johntradingwick
-NSE (NCFM) Certified Technical Analyst
SAIL UP MOVEsail has formed a cup and handle formation and I think the stock is ready for an upward move considering the stellar results as well
Short Term Target Near to ReachShort Term Target Near to Reach, after monthly breakout small consolidation is going on.
Simple Trade Setup | SAIL | 06-08-2021NSE:SAIL
SAIL looks bullish now.
Here is chart with levels. hope it is simple to understand.
do comment your doubt or suggestion.
Sail Bullish Momentum ContinueMinor consolidation breakout ,after the successful breakout of flag pattern recently
rally may continue
SAIL Flag breakout candidate on weeklySAIL weekly chart showing a flag breakout pattern. 3 year breakout forming the pole. Potential entry only on confirmation when price above highest candle high in the triangle.
SAIL - Trend followingIF the metals trend is to continue SAIL would benefit from it tremendously.
Long above 142. (50% quantity)
SL 133
Target 151
If it breaks out from there we double down out position and wait for a much larger breakout.
