Rectangle Pattern Breakout #rectangle #sail ##chartpattern
Rectangle Pattern Breakout after Correction on daily chart pattern.
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SAUD trade ideas
Grabbing a Good Breakout in Metals!The Metal sector play that is returning could be rode very by getting into SAIL.
Regards.
SAIL - Bull flag + Falling wedge + Volume expansionKey Highlights:
1. Bullish market structure
2. Volume expansion
3. Trendline breakout
4. Falling wedge pattern
5. Flag & Pole formation
6. Support zone: 117-120
7. Target: 151, 169, 178, 192. Stop loss: 119
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
SAIL is forming Cup with handle patternSAIL is forming Cup with handle pattern.
I am holding it from the level of 121.
SAIL - Pole and flag patternSAIL is showing a flag and pole pattern. After the boom in international steel prices, SAIL and other same category stocks were under consolidation. Now this consolidation seems to end. Looks good for long from here.
SAIL - 99.50 coming soonShort SAIL for the TGT 99.50 with stop loss 143.80 and our 1st TGT 119
Note: This is for educational purpose only.
SAIL long Reversal from 61.8% levels on Fibonacci retracement and the stock stayed in a parallel channel for a while. Broke out of the channel with the above avg volumes. A 10% rise anticipated in the near future.
SAIL Multi-year multiple Breakouts - BULL RUN AHEADSAIL a Roaring Buy
Multi-Year multiple Breakouts on Weekly Chart
1)First - Head & Shoulder BO above neckline of 90
Head & Shoulder formation on weekly chart since 2013 completed.
2)Second - BO above 114 with highest volume since 2009.
114 was a strong resistance since 2012, which SAIL was unable to break in 2012 & 2014
3)Golden Cross Over Formation - 50 Week SMA may cross over 200 Week SMA anytime in coming weeks, which will again take the stock price higher.
Targets as per Fibonacci
162 - 176 - 200 - 236
Minor Resistances are placed at
153 & 196
SL - 99
Daily, Weekly & Monthly RSI - In Overbought Zone
Shows the strength of the momentum.
SAIL Rs180! YesNSE:SAIL earlier I shared an idea on SAIL, updating on the same...
The resistance of Rs150 did play a good role which i drew on chart shared earlier.(See link below)
Now expecting one more push to upside.
A crucial Rs180 level resistance to watch for. If it sustains even on Rs180 price, it can push higher. But let us watch it again when it does reach that level first.
SAIL - Breakout SAIL has given a good breakout with high volume and broke its supply zone. The structure of this stock is looking very bullish. also In today's trading session, the company has declared their annual sales reports, which is very attractive. If the stock sustains 127.55 and 128.5 price levels, the stock may give very good returns for short-term periods.
If you like my idea then please follow on the trading view
Keep learning and keep growing
Thank you
SAIL in UpMoveAfter few days of price correction it got great support at 118. Now the stock weakness was reducing day by day and will expect the MACD cross over from below. Also RSI showing good strength. We expect the stock move up to 140.
Suggestion:
Buy: 126-128
Target : 142
Stop loss: 115
Time frame: 10 days.
Disclaimer: This is my understanding and not a financial advice. Please do your analysis before investing.
[POITIONAL] SAIL: Bearish PennantAs per charts.
The metals are muted atm, wait to Long/Short on BO.
DD Advised
Expecting Breakout ✌✌This scrip is now under consolidation once it breaks we can expect some moment. So traders keep on your radar.
SAIL ANALYSIS FOR LONGBUY @ 124.70
SL @ 115.45
TARGET 1 :- 133.85
TARGET 2 :- 143.80
Risk Reward Ratio :- 2.28
Take Entries as per Price Action
** Only for Educational Purposes
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