STEEL AUTHOR INDIA NSE:​SAIL

Buy on dips with stops near 42 for targets 48

This one is preparing for end of the current wave 2 and turn for impulse wave 3 which possibly could move higher than ATH Few things you can expect in current structure 01) It can further come down below the recent low and tag 30/28 and reverse which might be a one single day move (in my view) 02) or it can turn now only and start moving up which is possible...

Bullish Hidden divergence in SAIL

Chart says it all

SAIL (Steel Authority of India Limited) #SELL BELOW 52.15

SAIL (Steel Authority of India Limited) BUY ABOVE 54.5

With stops near 52 and tgt 57

SAIL (Steel Authority of India Limited) #SELL BELOW 52.4

SAIL #SELL BELOW 157

SAIL Entry - 55.25 SL - 56.4 Target - 53.8

SAIL (Steel Authority of India Limited) #BUY ABOVE 55

previous demand zone was 46-54 now we need to wait for the momentum pickup in Hourly & 4H charts hourly charts rose for the first time but need to test this 53 support - it helps in liquidity adn also giving a firm faith on the support

refer chart for details

SAIL (Steel Authority of India Limited) #BUY ABOVE 52.5

SAIL (Steel Authority of India Limited) #SELL BELOW 51.3

Buy with stops at 51 for tgt 57++

ail @56.85 target @58.65 , 60 SL 55.65 intratday

at 61.50 stop 62.5 TGT 60