SAIL trade ideas
Sail - Ready to Sail !!!In accumulation past 4 days
Break above 60 can show up with a decent 10 - 25% upmove
SAIL INDIA 50% retrenchment very optimistic about the budget and also its a good company fundamentally and technically also show a positive buying side.
SAIL - Parallel Channel - LongSAIL has Trading in Parallel Channel Pattern.
The Script has touched 52week high of 80.30 and made some correction.
Now Script was traded at in the consolidation phase of 56-59.
SAIL has strong resistance in daily time frame at 59.35.
Hence, if the script goes above 59.50.
We can go for Long...
Target is 80.
For Investments:
Kindly buy the script and make a average in Triangle Method.
In 1 to 2 Years - Target will be 120....
Disclaimer: Kindly do your own analysis before executing this trade.
Short 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.
SAILSAIL reports highest-ever exports in fiscal year 2020
Steel Authority of India Limited (SAIL) achieved its highest ever exports at 1.18 million tonne during the fiscal 2019-2020. This is a growth of over 54 per cent over the previous year, a company statement said after the 48th Annual General Meeting (AGM) on Thursday.
I have bullish view on this stock... And investing for 2 year
Enter at CPM above 80
Stop loss with Weekly close basis 70
Will do Pyramiding at 75 Min Chart
But Stop Loss on Weekly Closing Basis
this is for educational purpose not for investing Idea #Invest on your own risk
SAIL 12/01/21 WEDNESDAY Stong probability to achieve Target 1. The analysis can be active for 2 trading sessions ,depending on the TREND, so follow accordingly. Before initiating the trade, please confirm the trend by whichever signal you rely on. TRADE SMARTLY AND WISELY
SAIL on verge of breakoutSAIL is on verge of a breakout from the bullish flag pattern. First target around 79.
Buy SAIL at CMP 57.7 or on dips till 52 SL: 45 Target: 72Buy SAIL at CMP 57.7 or on dips till 52
SL: 45
Target: 72
Sail : wave c is yet to finish its bulish runThe impulse Phrase is finished and correction is taking place.
Wave 3 of wave c from the correction phrase is going to be done,
we just need the ending point of wave 4, so we can ride on wave 5.
Super Cycle Wave (3) has potential to push the stock to new highSuper Cycle wave (1) completed around 290 high in Feb 2008 and wave (2) which looks like a corrective double zig-zag ended at 20 in March 2020. If it is over, super cycle wave (3) will push the stock to record new highs may be much above 250+.
Currently, it looks like it is nearing channel resistance which might put some pressure in the short term but that should be used as a good opportunity to accumulate for the long term. Volumes are significantly higher so the stock might get good support and may not fall much. It is a must-have stock in your portfolio and has the potential to turn into a multi-bagger.
CMP 80 TGT 250+ SL 48
Sail LongI 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.
Will Sail Consolidate before an up move or continue its bull runSail had a good bullish run and RSI has crossed 80 and there is a divergence in RSI, but with volume and last up move, need to see if it will consolidate a bit in the range of the last big candle and then continue its movement or maintain its bull run.
