triangle pattern Breakout with volume triangle pattern Breakout with volume , rejection at lower level long wick hammer candles
SAIL trade ideas
SAIL Ending diagonal in 5th waveLong 75 stop loss 67 targer 92-112
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SAIL - Hammer at ascending triangle supportNote: This is for educational purpose only. Please do not trade F&O based on this analysis.
There seems to be a bullish hammer at ascending triangle support. Moreover, this coincides with 50 EMA. RSI above 50 indicates bullish momentum.
During price fall, there was a decrease in volume which indicates weak sellers.
SL: 62.50₹
a good company giving good returnssteel authority of india
government stock
long term downtrend
but give decent returns
in a year or sometimes it takes even more than that
but the returns are good
dynamic support 100ema
Buy SAIL (Cup and Handle pattern) Buy SAIL at cmp or in dips till 70 Target1=81 Target2=90 and SL will be 69 on closing daily candlestick.
steel authority of india now whatbat harmonic pattern completed at point d. although stock gapped up at .886 levels but could not sustain and fell. now as a rule after completing pattern stock can fall till or retrace till 50% and bounce back again as we can see with fibonacci so keep stop loss of 67 to 68 only if you are already in the game or for fresh long keep stop of 67
trade at your won risk
sailfibo 50% support + trend line support+ normal price support , 3 supports coming at one place. sl 68 tg 116. it may take time 2-3 months
Inverted Head and Shoulder Chart Inverse head and shoulders chart is in making.
Red lines are acting as target/resistance.
Recent price drop in the metal sector could be an opportunity to accumulate or make fresh entry.
SAIL good buy signal !!!!SAIL : cmp :78.4
A rounding bottom kind of pattern has been formed in daily chart.
On the verge of a breakout...
TGT may be 82.5/85.8/90.6/94.55/100.45
Sl 70.75 clbs
Positional SL 62.45 clbs
Good to grab near 75.5-76.5 zone.
Option Strategy : Buy march 79 CE
or Sell 75 PE
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
SAIL | Positional Trade AnalysisSAIL is currently in a descending channel and taking resistance from a key zone.
If it breaks and holds above 81, we can see some bullishness.
Keep it under your radar.
Note: For educational purposes only!
Long SailI hope you can now see how Sail represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Target 2 is ON after retracement. Target 1 (64%) achieved...This is follow-up on Sail. Can check link to related ideas.
Target 1 achieved. More than 64%. Target 2 is ON after retracement.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
#SAIL making a rounding bottom pattern. Keep on RadarBullish pattern with good momentum in metal stock. Sail look good candidate for Long position.
Sail- bullish divergenceSail has bullish divergenceon 2hr TF with a major support at 56 currently in weekly demand zone...
