60 min chart NSE:SAIL, LONGAll the lines marked are Fibonacci retracement and extension levels means Support and resistance
SAIL trade ideas
SAIL LONG BUY CHANCE1.good macd formation ( going to form bullish)
2.RSI Confirmation
3.Trendline support
SAIL Breakout on 1H charts After giving a breakout on 1M charts and a consolidation if about 21days, SAIL can be seen giving a breakout on 1H charts.
For now if taking trade on 1 Hour chart keep an SL below 123 and a target for 150 levels in 2-3 weeks. Keep in mind that stock is in a bearish tend from last 1 month so be careful while taking trade.
DEEP analysis on SAIL and some other stocks coming soon.
SAIL IS GOING TO BE A RAIL AGAINSAIL is creating a base again to be a bulllish RAIL ---------------------------------------->
As you can see , it has already broken its falling wedge few times(unlike JSW and TATA Steel as they are strictly following the falling wedge), also the momentum increased creating a bullish divergence. So we can expect a good spike in upcoming days.(Can be a swing/positional trade after few days)
FOR INTRADAY TRADERS( only for 31-05-2021)
1- It was totally bearish last day and CREATED A DOJI(could be a sign of reversal) as last candle (on hourly frame).
2- Also , since it came again to support, so it can jump again as momentum is increasing.
LASTLY ITS UP TO YOU WHETHER TO TAKE A TRADE OR NOT, BUT FOR A SAFER SIDE, CAN EXPECT A PROFIT OF 4-4.5 Rs per share.......
Happy Trading ..... :)
SAIL Analysis | Can you enter now ? 🔰 MY thought process :
⭐ I have studied all the past data and made a good buy zone here if it comes to my levels that is this zone and gives me a conviction pattern on lower TF or then I will activate a trade :) well if gets higher and higher I will simply leave the trade and move on to other good stocks in the market :)
⭐A good pattern or trendline or a good bullish candle on 50 dema = A good sign to keep an eye on it again and than a good entry on lower TF is what i will prefer :)
⭐No good entry signs for now
🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
Go Long on SAILMulti-year breakout and retest done. It should resume the upward rally soon.
Can go long at CMP 122 for target of 150/160.
Bulllish on SAILHey Guys,
You can refer above analysis on 1 Hr basis which is telling us that it is ready for the breakout and its results of Q4 is also gona announce in next week so better to make your longs before it is gona made a new 52 week high and it will go further towards all time high mark my words
Long on SailHey Guys,
Get ready for the Blast and its an opportunity to get Double/Triple returns in a very short period of time because Metals is about to shine more as in above analysis Sail is retesting its earlier resistance now taking support on exact levels /range which will turn it in a very big move towards 200/ 250 and many more to come
Long on SailHey Guys,
Sail is bouncing back on testing support on its 20 days EMA get ready for reversal and for new 52 week high
FY21-22 Swing Trade Idea #45: Long on SAILThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Buy SAIL with SL - 110 for Target of 150/180/2101. Commodities as whole looks bulllish .
2. SAIL has completed the retracement and have retested the important fibonacci levels.
3. We have a completed at larger wave 1-2 of 1-2-3-4-5 and heading to wave 3.
SAIL - Channel Pattern Breakout In the past few days, this stock was traveling through this descending channel. In yesterday's trading session the stock has given a channel pattern breakout. If the stock can break the 125 rupees price level, stock can easily give good returns on the long side.
Buy - Above 125 price
If you like my idea then, You can follow me on the trading view
Keep learning and keep growing
Thank you
SAIL: RIDE THE COMMODITY BULL RUNBuy sail for an immediate target of 232(24W), Long term target of 350(92W), stop loss: 98, We are going for a good commodity bull run now lasting 2-3 yrs. Chart is self-explanatory.
SAIL analysisthe price may rebounce from 119-120 level if holds else vl fall down to 108-109 level, so keep it at your watch.
can go long,
Sl. 117- 118 (15 min candle closes basis)
trgt 130+ 135++
only for education purposes.
