NSE: SAIL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 20% to 30% gain on...
STEEL AUTHORITY OF INDIA (SAIL)
CMP: 128
Monthly Chart (4 Feb 2024)
Key Study Points:
- 16 Year Long Consolidation Breakout
- Multi Year Breakout
- Strong Price Action
-5th Attempt to breakout Consolidation Zone
- Keep SL of 113 and keep Trailing the SL.
Disclaimers:
This chart & study is for Educational & Learning Purpose. This shouldn't be construed as...
NSE:SAIL
cmp 135
will provide an impressive profit in the months ahead
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain...
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Sail made a strong #Breakout in weekly timeframe and made confirmation with the follow up candle.
Can expect quick move in shorter time. Look for Proper Entry Point. Maintain proper SL.
Will get Good Rewards.
