SAIL - BreakoutSAIL just broke out of counter trendline with massive volume.
CMP -87.95
Target - 97/108/117
SL - 79
Good entry would be near the counter trendline around 87 levels during a retest if any.
Study the stock & Trade Responsibly.
SAIL trade ideas
buy signalGo to 15 minutes and get inter on confarmation remember this is not intraday it is for few days
This is my personal opinion, it is your choice to enter or not
Stock in Huge consolidation- SAIL Price is in consolidation for quite some time, watch out for the price to break either high or low of trendline, RSI is making higher high, which is a good sign.
BUY above 86 for best results.
SAIL AGAIN BULLISHSAIL looking good on charts taking support on daily trend line stop loss in small a buy attempt is good for swing trade here in SAIL connect with advisor before entering in any trade
SAILSAIL - CMP 88.95
In Scope
Stock broken last two resistance strongly
Stock has to close above todays price
Potential to move minimum of 25% which 117
Stop Would be 78
Trade at your own risk, feed a poor if you get benefited out of it.
Plz comment, share and guide me if you come up with any thoughts.
SAIL is a Good buy nowSAIL is a PSU company trading in a narrow range between 92 & 73.
Now trading at 50% retrace level.
It can go to 140-150 level as Doller is in down trend & Iron Ore price is down.
Buy at current level hold roe 6-9 months.
Exit if falls bellow 65.
#SAIL looks like out of real estate#SAIL one or two more weeks of space left for this counter. The setup for metal stocks looks insane.
SAIL looking bullish, Target is 100+SAIL is rising in the parallel channel will good volume, the trend should continue and it should touch upper end of the channel ..i.e around 100+
Buy SAILPrice is at the support level of the channel. Stochastic oscillator signal line crossover. Formed a bullish engulfing pattern on the support level .
Buy - 83.00 - 84.00
Target - 96.80
Stop loss - 78.0
Risk reward ratio - 1:3
SAIL possible Elliot wave counts with Multi parameters alignedHello Friends,
here we had shared analysis of stock from metal sector stock named SAIL, in which we had checked multi parameters which are aligned in same bearish bias as in current scenario.
As per Elliot wave counts we are in complex correction or we can say double threes or double zigzag correction which we had labled as ABC as a (W) then (X) and again ABC as (Y), as per wave principles (Y) should be equal to (W) so we have enough space towards south zones (down side) which is indicating bearish bias as per Elliot wave counts.
Trend identified by Dow theory is also giving same bearish bias because stock is forming lower highs and lower lows since last 22 months, which is aligned itself with same bearish bias.
Trend indicator like MACD on monthly, weekly and daily these all are in sell modes and aligned with each others, which are indicating same bearish bias.
As per Bollinger bands on all three time frames like monthly, weekly, and daily are also showing that stock is trading below 20 Monthly SMA, 20 Weekly SMA, and also 20 Daily SMA, which also indicates same bearish bias.
On bigger picture possibly we are in last leg of correction which is to complete or finish very soon, Overall wave structure is suggesting on higher degree we had completed wave ((1)) and currently we are in correction phase almost near verge of end as a wave ((2)), post ((2)) we can start fresh impulse of bigger degree as a wave ((3)) which can cross highs of wave ((1)) so we can say that, currently we assume this stock as a bearish and after finishing wave ((2)) we should change our bias from bearish to bullish after confirming with price actions and other parameters also.
I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
All major parameters are shared below as snapshots must watch
Thanks
This stock is forming lower highs & lower lows since last two years which is clearly bearish trend
Possible Elliot wave counts on daily time frame
Monthly macd negative
Weekly macd negative crossover
Daily macd negative
Price trading below 20MMA (monthly mid bollinger)
Price trading below 20WMA (weekly mid bollinger)
Price trading below 20DMA (daily mid bollinger)
Possible wave counts on hourly chart
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Trendline Breakdown in Steel Authority Of India Limited...Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
SAIL Bullish; above 89.70 on Monday 20 Mar for IntradayExercise caution as broader market is bearish.
Please check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours:
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1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
Sail BullishSAIL closing 87.4 with stoploss 83 then targets are 93-100.
Buying Reason.
1 --> Price made a good move and close above ema.
2 --> RSI is ready to cross 60.
3 --> ADX is show the bullish move and +DMI rise.
4 --> Volume is also good.
Sail can be brought above 88.2Sail has created a bottom. I am very bearish on nifty, expecting levels of 16500.
But stocks can go in other directions.
Sail is showing signs of reversal. If it crosses recent high then 6% target is possible.
I have drawn strong support and resistance lines.
Hope it helps.
I am not a SEBI registered trader. Only for educational purpose.
Long SAILSail as per price and time analysis crossing 86.8 then 94 can be seen .
This analysis is based on Hurst price and time breakout analysis.
New wave in SAILSAIL has completed a downtrend Elliot wave and started with a fresh wave initiation.
Can initially reach 89-90. Any break out above 90 could lead to a bigger impulse.
SAIL @ 84.55 Analysis on 11-Feb-2023SAIL @ 84.55 Analysis on 11-Feb-2023
As long as 61/19 holds support, we can see 178-193, 274-300 in the long run.
