Strong comeback towards 52 week highSAIL just crossed the golden ratio, believed to be sailining like a rocket in near future
SAIL trade ideas
10+ Years of Consolidation Stock was in consolidation phase for 10+ years .....
Now it's bottomed out and ready to breakout anytime and also future data shows that accumulation taking place....
Keep in watch...
Steel Authority India Weekly Analysis NSE:SAIL Weekly Analysis for long duration
Wait for strong Breakout and sustain above 87
Trendline breakout is important
If gave clear breakout and sustained with LH LH structure can go for long with SL of 70
T1 100, T2 120, T3 140
SAILSail showing good power as bullish. retesting completed in long time channel if price cross 115 then this rally not stop until reach 128.
Steel Authority of India Limited F&O lot: 8000Super Breakout stocks
you can find which stock is forming bottleneck pattern and Super breakout is possible.
SAIL
Steel Authority of India Limited F&O lot: 8000
115.45 vol 78649010
SAIL buy for the target 102...weely structure in rising channel n now price in channal support...
daily reacts from weekly support suggest another confirmation to the idea..
hrly structure turn bullish n start making HH & HL which is another confirmation to bullish IDEA...
maintain 82 level as a STOP LOSS for the tgt 102.
because of good fundamentals n change in commodity cycle n beat china issue for matal sector investors can see opportunity to accumulation for the tgt of all time high..
SAIL Multiyear breakout with retest : A possible multibagger Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadening Pattern Breakout
📌 Symbol/Asset: SAIL
🔍 Description: SAIL has made Broadening pattern from 2011 to 2020 and given breakout of the pattern.
Its a multiyear breakout and retest is also done.
We can see huge upside and might see returns in 3 digit percentage numbers !!
One need to just hold it for few weeks or months to come.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
SAILIf the stock breaks the resistance we see bullish momentum in the stock.
This is just for educational purposes and to understand how technical analysis works.
BREAKOUT IN PATTERNThe pattern is broken now,
the consolidation from May 2022 to Dec 2023 is broken and traveling towards the high.
plan accordingly, and don't forget to check the pull-back and fire.
SAIL 1Year resistance line was broken Sail 1 year resistance was broken it was facing multiple resistance finally broken let's see
SAIL - Potential breakout candidateOne of the cheapest metal co's..one which could soon see a trend reversal.
The stock has taken resistance many times at the AVWAP of this entire downmove (marked with the red arrows)
If the price can cross above that it could quickly go to 112. So long above 103.50 with SL below 100. This would initially be more a short term trade for me coz i believe it might do a restest of the AVWAP before really making a good move (But that good move would have to coincide with an increase in demand ideally)
Double Patterns: Ideal Risk Reward ratio in Bullish Set UP Bullish View
Above 90.70
Target : 97.50
SL : 87.30
Risk is yours and Reward is too yours totally.
Logic :
Rounding Bottom and Falling Wedge Pattern in Daily Chart.
Sail tgt 240Sail already dipped from 150 to 80 around , just last quater came into profits
pe at 12
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
SAIL DAILY CHART BREAKOUTSAIL Breakout possible in Daily Chart view.
:: Data Point ::
Breakout Level : @91.50 (If daily close above the price)
Target 1st : @96.00
Target 2nd : @102.00
Stoploss Level : @88.00
Note: SAIL Traded above 200 EMA.
Channel Break happend in 2nd week of Nevember.
Showing Good Volume.
Previous 5 Days Avg. Delivery Percentage 43.86%.
sail breakoutsail giving a breakout of head and shoulder pattern
target open for 98
time frame 1-2 months
SAIL : short Term cakewhy to choose?
1. Head and Shoulder Pattern.
2. 136 is book value(present price is under Book value).
3. Started to retrace.
Thanks for Day Trader Telugu and other masters to learn fundamentals.
Note: I am not a SEBI registered Advisor, Make your own analysis or consult Financial Advisor before investing your hard earned money.
Sail Super ResultsSail net profit 1305 crore
Net income 29712 crore
Super super results
Hope good move in coming days
Target 110+
SAIL Swing trade- BuyBuy Sail with a stop loss set at 80 and a target of 140.However, depending on the individual's risk appetite, it may be necessary to adjust the stoploss and target accordingly.This means that the investor should consider their comfort level with potential losses and gains before implementing this strategy.
"Trading is not about predicting the future, it's about managing risk and finding opportunities in the present moment."
SAIL showing bullish viewSAIL showing consolidation with divergence. Crossing pivot point, can show big move upside. Waiting for event on 10th Nov.
Breakout hurdle done with high volumeSAIL
Key point breakout done, green signal for investment as per daily chart.
Increased volume,
Rounding bottom pattern also found but I am not drawing in chart due to keep clear picture.
Target : OPEN
SL: 88
Hold till 1st June 2024
Risk is yours and Reward is too yours
