SAIL Descending triangle !!NSE:SAIL #SAIL Descending triangle. Ping me personally for levels Happy LEarning !! by Market_Order9111
Positional in SAIL According to fundamentals & technically, Sail gives us a good opportunity to make our portfolio green with a target of 15-20 or may be more after a upper line breakout if market sentiment are positive. Longby sumit_01330
SAIL is ready for PullbackSAIL is currently at the lower trendline of the parallel channel and is ready for pullback T1 = 90.55 T2 = 99 PS. - Trade at your own risk. This is for educational purpose only. Longby SubodhSharma0
fibo works beautifullyhe is the itc of metal sector, beautifull chart. as you see sail is respecting every fibo level and if welook at the fundamenals its getting at PE of 2 !!Longby prathameshzad1
Target 110 soonSAIL - Hope it will get reversed from this position. Target around 110.Longby AnandanKaliamurthy1
SAIL Analysis !!📈 SAIL 📉 Today broke out from a Resistance Zone after testing two times and also broke out from a downtrending Trendline Zone on closing basis. On Buy Side I am looking for Targets of 114, 129 followed 143. StopLoss should be kept at 93. It offers 1:4 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis. Longby ShelendrAgrawalUpdated 0
SAIL @ 90 target 95/100SAIl is being sacked due to rising Coal prices, now that Govt is ensuring adequate coal supplies through imports and indigenous sources. SAIL price can rebound higher to 95 / 100. Keep stoploss of 85 Longby realmovz0
NSE SAIL Is Preparing For A Bull RunSAIL has been forming descending channels for more than 47 weeks . It has accomplished corrective structure((4)) at 61.8% of wave ((3)). Wave ((4)) is a double combination pattern. After creating a low of 84.35, the price started marching upward. If the price breaks out of the corrective channel, traders can trade for the following levels: 123 - 143 - 162+ by forextidingsUpdated 6656
Good Reversal Possible From SupportBuy between 95.8-96.8 Target - 104, 110, 120+ Positive hammer at the support level.Longby vinothbabu1311
SAIL LongReasons to buy NSE:SAIL : 1. About to break long term trend . 2. Small divergence seen on RSI 3. Reverse Head and Shoulder seen in RSI 4. Bullish Marubozu candle without wicks indicates bullish coming weeks . Need to hold it for Long time as the tf here is 1 DAY.Longby Vector-killzUpdated 119
SAIL On Daily Time-frame Structure was broken. If SAIL hold at 105.00 level then we can see a push to the upside. If SAIL broke 97.00 level we will be looking to sell. Longby uditjain41Updated 3
More than just a swing trade opportunity #SAILSAIL is in limelight for the breakout of the Inverse Head & Shoulder pattern and falling channel, so I thought to take a look. It looks like SAIL is getting ready to resume its uptrend. • There’s an Inverse Head and shoulder pattern formation with the neckline exactly at a Strong Support & Resistance level . • We can draw two falling channels on the price chart (Marked as Falling channels 1 & 2 on the chart). Price has broken above the inverse head and shoulder pattern, falling channel 1 and Strong resistance line. A breakout above the other falling channel is pending. For the uptrend to resume and to confirm that the correction has ended, the price has to just sustain the breakout and stay above the Strong resistance at 105. After which sail can go a long way. Possibilities of breakout failure can not be ruled out, no matter how favorable the market conditions look. Sometimes the scenarios change instantly. For Swing trade purposes: Buy level – 108.5 (above falling channel upper line) SL – 102 (below breakout candle low) Target – 113, 123, 131 If SAIL starts its up move, it can go way above its previous ATH. Reason? • China produces around half of global steel and it’s dragging down the output by reducing production. Other large steel-producing nations including India saw an uptick in production and exports. • Price hikes are most likely to be announced as coking coal prices are at elevated levels and expected to be there for a long time. • Indian steel producers will have a better opportunity to increase exports due to the absence of Russia & Ukraine. China increasing production is the biggest risk. But for the current scenarios, Indian steel manufacturers are in a sweet spot. SAIL is more than just a swing trade opportunity. I'm betting on the steel industry to grow all together and not just one stock. If you like my analysis and way of presenting, do like and follow. I'll be posting regularly. Not too many but Good-quality analyses with detailed explanations. also, comment your view, I'd love to have discussions. Happy trading. Disclaimer: This is not buy/sell advice. Please do your due diligence before making any trading decision or consult your financial advisor. Sharing my analysis and thoughts for a stronger and healthier community. Cheers Longby Sai_KumarUpdated 181826
SAIL : short term analysisSteel authority of India has been in an uptrend recently with the metal sector making new highs overall. At present SAIL seems like its getting support from 38.2% fib retracement level and an trendline as shown in the chart.Longby navjotsingh123563
Intraday Trade For 21-4-22Intraday Trade in Sail. - Falling wedge pattern with major support. - Divergence at lower timeframe indicates breakout. - For safer side take the entry after Breakkout. - Aggressive trader take trade at conversion point also as there is 2 confirmations(major support and Bullish divergence). Thankyou.Longby DivyaBihariDas113
BUY For Target 110 in Short TermCMP :101.9 - Best Price to Buy for Short trade Target 110, Reasons are, 101.55 is Fib 61.8 Level and Secondary trend Break out's retracement level and Minor Up trends Support level and Weekly Pivot's Support2 and above all long term support level. Longby Shanmuga_Sundaram_R1
Ready for huge upmoveSail is ready for huge uptrend in my view. Retested the falling wedge pattern. This is for learning purpose.Longby indian000077
SAIL touches the target.please go through my last post of SAIL on 18 th April. It touches the median line perfectly and bounces. now next is Hindalco of course not publicly published here. Don't forget to like my post. follow me to get updatesby bijoy25265510
Sail in buy trendIt breaks the multiday trend line and currently in exact retracement level good to go...Longby dk448611