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STEEL AUTHORITY OF INDIA LTD.STEEL AUTHORITY OF INDIA LTD.STEEL AUTHORITY OF INDIA LTD.

STEEL AUTHORITY OF INDIA LTD.

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SAIL trade ideas

SAIL Swing Trade//This is a swing trade call and not an intra-day trade. Stock will not go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade // Buy: 131 TARGET: 140-150 STOP LOSS: 118 (Closing Basis) Notes: - Please follow the Stop Loss strictly and preferably on a daily closing basis. - Recommended Profit Booking / Exit is near Target & If you still want to hold the stock, trail the SL once this target is achieved. - Duration: 15-20 Trading Days is suggested - If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed. Disclosure: I may or may not have a position in this trade. Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
NSE:SAILLong
by TanmayB72
SAIL HEADING FOR 3 DIGITS!Keep an eye as Sail approaching recent highs of January. RSI at comfortable levels of >69. Accumulation at lower levels, huge rally followed by correction till 38.2% retracement and again onward journey begins with same volumes as before. Sail rose from the lower end of the long term channel and now headed towards the upper end of the channel. Keeping it simple with Volume, Support Resistance and Momentum along with macros in the steel & PSU sector! #For Educational Purpose Only #Positional
NSE:SAILLong
by kapil371