SAIL still hovering around the lower line of the channel.and not willing to detach from the support. It has corrected from 52 week high. SAIL planning to go for expansion of its capacity of crude steel from 50MT from approximately 20Mt. has been decreasing its loan burden constantly. rising coking coal price may impact its profitability . as it imports coking coal for its production. But it appears to me it may not go down further. for investment purpose it is a value buy. by bijoy25264412
SAIL short SellSAIL Sell at 107.70 TARGET buy 106.70 SL 108 i am not a professional trader and this is not a recommandation. this is for study purpose.. if i am wrong in this analysis then please let me know.... thanks in advanceShortby cutter27110
[Turtle] Sail 100PEComment -> Sail is looking to go back in upper channel but there is not much upside in the upper channel apart from strong consolidation. Thats why selling PE Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. ======= Longby Amit_Ghosh8
SAIL in Demand zone , can accumulate for long term bet.SAIL in Demand zone , accumulate for long term Support at 100 levels, can be accumulated till 84 levels.by nagarajanm19866
SAILzoom out to see price has reached it's 200 period moving average, good support and only reason to go long... accumulate around the moving averageLongby DalalStreetTrader1121
SAIL holding on to the support and channel lineLet us see if it can in coming days It is in perfect buy zone unless it breaks the channel. Tata steel too has bounced from the channel. Iby bijoy252612
Sail- Short downside trendSAIL | Downside trend... weekly breakout on downside 10% downShortby saranpratheep1
SAIL,Near important breakdown zone. Keep a watchAll levels & description mentioned in chart. Thanks Piyush Gupta Learn & EarnShortby Piyush-Gupta101056
parallel channel and a flag a good buy would be around at 109/110 (if sustain) Target would be 132 check out the self-explanatory chart. Longby PriceWorksIndeed112
Sail looking good on daily chart in short termLong purple line coming from all time high downwards and on 30th april price broke that line gracefully with 7 rupees big green candle along with good volume and till now that purple line is not breached and assuming its not gonna breach and assuming we can see a pullback when the price touches this time also. On 24 may and 23 aug we can see price bounce back . Also upward channel can be seen here and in future, assuming price is gonna run between it. So further downside is maximum 110. Longby deep1979815
Simple Trade Setup | SAIL | 16-09-2021 NSE:SAIL Observations: 1)On Daily Time frame: It has been facing resistance from 21DMA and is not able to close above it. Currently 21DMA is placed at 121.48 level. Please refer below chart : Daily time frame. 2) On daily time frame: It has been respecting the support zone and keep on taking support from it. Support Zone if from 118.55 to 120 level. Please refer below chart : Daily time frame. 3) On 1hr time frame it has been trading between 118.60 to 123.75 level since more than 7 days. Breakout of any level will give move on respective side. Please refer below chart : 1 hr time frame. ------------------------------------- Trade Setup for Date 16-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL.by Trading_hawkUpdated 17174
Is SAIL waiting for a breakoutI’d sail waiting for a breakout. Waiting for the volume and result when we can see a up moveLongby jemthas662
SAIL SWING TRADE 🚀 🚀 sail making a good option for swing trade 🚀 🚀 buy at near support @ 117-121 target 1 -130 target 2 -144 SL-114.15by harshpandey293
SAIL lONGSail is following important support line on bigger time frame . Near resistance is 123 and 125 . If it cross 125 then target will be 140 and target 2 will be 150 by 30th September Longby kartikluthra1
SAIL - TRIANGLE BREAKUPAs usual in my learning way, SAIL forming a triangle pattern and if it breaks the pattern, the price will go upEducationby Dinesh_Gnanasekaran3
Sail above 125 can touch 150 and aboveonly buy above 125 till that keep on watch. It has given a good fall and the bullish view will be negated if fall below 112, so till that time there is a chance of bullishnessby JKoptions3
SAIL LOOKS GOOD FOR SWING TRADECurrently near the top resistance of channel pattern. Good accumulation is seen an move above above 123 can give us good target of 8 - 10% Always Trade with sl Do your own analysis. Longby raashid45324
Sail Long ideaSail is clearly bouncing off from bottom of channel Good risk reward Longby jalajkhajotia4
SAILCMP: 122 The stock has given a falling wedge pattern breakout on higher timeframe. After touching 150, it has been consolidating. It can move higher from here. Expectation: 180, 230 SL: Mentioned in the chart based on weekly closingLongby OmkarBanne0
Sail - Congestion break out with volume expansion- Long1) Clear uptrend 2) Deeper pullback 3) Congestion - sideways movement for 31 sessions 4) Break out wide big candle accompanied by high volume 5) price is now above 200 EMA 6) Going long at CMP with 33 as stopLongby banti301Updated 112
impulse wave count logic of NEO waveReason for starting wave count from the point shown here is,in the past price movement(from covid low's) no prior swing high is retraced faster then the fall from that high took to form. Rules and Reason for impulse count 1)wave 2 should take more time then wave 1 to form,here this rule is followed 2)0-2 trend line should not be touched by wave 1 price movement,here this rule is followed 3)wave 3 should not be shortest,here this rule is followed 4)One of the 1,3 or 5 should be extended,here wave 3 has extended by atleast 161.8% of wave 1 in both the degree's,here this rule is followed 5)wave 4 should not enter wave 2 price zone,here this rule is followed in intermediate counts. 6)wave 4 should take more time then wave 2,here this rule is followed in intermediate count. 7)Atleast one alteration should be there between wave 2 and wave 4,here this rule is followed as Alteration is seen between primary 2 and 4 in terms of pattern, price and time. 8)0-2 channel should not have more then 4 touch-point,here this rule is followed after which it was breached. seems like sail has completed primary impulse wave 3 whose intermediate 5 was truncated and currently forming an complex correction(wxy) or a triangle pattern which was triggered after 2 stage confirmation on the breach 0-2 trend-line and intermediate wave 4 lows in lesser time then intermediate 5 took to form.As of now it seems like wave w or wave A in the form of regular flat has been done and currently wave x or wave B is in the making.On the downside wave 4 retraces generally 38.2 % wave 3 which is coming @ 115 which was achieved by price in current fall,but since then bounce has not been sharp or impulsive in nature indicating wave x or wave B is in making.As per the rule wave 4 is longer then wave 3 and primary wave 3 took 88 candles to complete hence going by that logic current fall or side ways movement can atleast continue till 20th december post which 31 days cycle low is expected @ 29th december. On the downside support is coming at following levels Primary wave 3 38.22% retracement @ 115.40 Primary wave 3 50.00% retracement @ 106.20 Primary wave 3 61.80% retracement @ 97.00 Invalidation of this count is @ 81 level where if price goes then wave 4 will be entering wave 2 territory. Upside seems limited as of now but accumulation can be done if price comes @ above mentioned levels for investment purpose as on the basis of this count,as wave 5 is yet to unfold and in commodities wave 5 is assumed to be longest of 1,3,5. will it make a wxy or a triangle only time will tell but short term trader should not look for bigger up side move looking at the current price structure until december 20th,2021. This labelling is done by following NEO wave rules,in the past i have posted wave counts on sail through elliot wave rules.Rules of impulse labelling are different in both theories and hence the counts are also different.Neo wave also in-corporates time element in labelling waves which helps in timing entries and exits. Here i have also incorporated time cycle.In the shown chart 31-day cycle is working quite well since covid low's(I cant show entire chart from covid low's as it wud very untidy) which help's in identifying important low points,meaning around cycle end day's important low is supposed to be formed. Let me know if you find this post informative and if i have missed any rules while labelling.Educationby UNDERDOG-29883