For swing tradeSee a big movement in any direction of breakout and then enter
Note : this is only for education purpose
SAIL trade ideas
SAIL TO THE MOON ?About SAIL – Steel Authority Of India Limited
Multibagger Jackpot Stock SAIL (Steel Authority of India Limited) is one of the largest steel producer and Maharatna company in India. SAIL manufactures Railway Products like Rails, Wheels, Axels and Wheel Sets etc.
India is the world’s third-largest steel producer and the growth in the steel sector has been driven by the domestic availability of raw materials such as iron ore and cost-effective labor. The steel sector has been a major contributor to India’s manufacturing output.
Technical Analysis:
From an investment perspective, you can expect more than 100% return from multibagger jackpot Stock SAIL. Currently, this buzzing stock is trading at around Rs. 127/- after touching all time high of 150/- It may break 150 levels very soon. Look at the volume expansion of this stock, big players are heavily invested in this stock, also the commodity bull run is going to last for 3-4 m years. This Maharatna company will give you 100% return over years. Just buy the stock and forget about it. Sit tight and let it grow.
Fundamental Analysis:
Company has reduced debt, Stock is trading at 1.15 times its book value, Company has delivered good profit growth of 24.57% CAGR over last 5 years.
Watchout for this Triangle breakout in SAIL. Don't MissWatch out for this breakout. It has an attractive risk to reward ratio.
and please trade at your own risk.
thanks
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 🙅
