SAIL trade ideas
Buy SAIL above 134An ascending triangle pattern with long term trend line.Confluence of demand zone and chart pattern.
Buy SAIL above 134.
SAIL WILL SAIL FOR LONG TERM SAIL HAS GIVEN BREAKOUT ON THE DAILY BASIS AS WELL ON THE MONTHLY CHART AND SINCE THE COMMODITY CYCLE IS GOING ON WHICH WILL BE AN ADDED ADVANTAGE FOR THIS STOCK, THE STOCK CAN BE PURCHASED WITH THE STOPLOSS OF 105 AND THE FIRST TARGET WILL BE AROUND 160 AND FOR THE LONG TERM TARGET OF 180 THIS STOCK CAN BE BOUGHT AT THE CURRENT LEVELS.
Is SAIL getting back on the tracks.SAIL might give a good breakout form the triangle pattern, capable of 160+.
Breakout possible at any pointSAIL making a beautiful triangle pattern, it could give breakout in any direction from here, will wait for the breakout candle to close and next candle to retest before entering. If it breaks out upwards, it will be a great thing to happen as the previous trend was very strongly bullish, hence can also take this as flag and pennent pattern, which is a continuation one. Let's see.
SAIL ANALYSISSAIL BUY 120/125 WITH STOP LOSS 115 FOR FIRST TARGET 150 AND YOU CAN WAIT FOR BIGGER TARGET 180/190
Pole & Flag - SAIL - Daily Chart -Swing TradeSAIL is making a flag pattern after a big pole. Keep on the radar for a breakout trade with positional view. This is a bullish chart pattern.
30% upside potential in SAIL for positional trade>A good breakout above a multi year strong resistance of rs100 and a good consolidation at 38.2% fib level and retest of 50EMA.
>A long position can be initiated between 122 to 130 for a target of at least 30% with a stoploss of 115
>A favorable risk reward ratio of above 4
[Buddha] Sail Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
So, I may skip the downside move if the market is not bearish and it triggers sell.
I will 100% do the upside move.
SAIL - Test of MetalRefer Chart :
Pattern : 'W' Pattern and 'Triangle' Pattern
Entry : Current Level
Support : Rs 118
Target : Rs 160
S/L : Rs 112
Note: Consult financial advisor before investing 🙅
SAILConsolidation with range contraction.
Stock is near critical support of 121.5-120 zones.
Breakdown of which can bring weakness and stock may move towards next support levels marked.
Bullish only if breakout from the structure.
SAIL ( Long position)Flags are areas of tight consolidation in price action showing a counter-trend move that follows directly after a sharp directional movement in price. The pattern typically consists of between five and twenty price bars. Flag patterns can be either upward trending (bullish flag) or downward trending (bearish flag). The bottom of the flag should not exceed the midpoint of the flagpole that preceded it. Flag patterns have five main characteristics:
The preceding trend
The consolidation channel
The volume pattern
A breakout
A confirmation where price moves in the same direction as the breakout
BUY level - 120-123
target- 135-150-188
Stop loss- below 117 as per ur risk capacity
time frame- mid to long term (1 to 4 months)
adding quantity as per market trend and positive data.
thank you
