STEEL AUTHOR INDIA NSE:​SAIL

In Monthly chart, Cup & Handle Formation Accumulate on Every Dip Till 67 Immediate resistance at 102, 114 if it crosses it will move towards 170-180

Excellent view of forming bat.... pattern.... check out kooollllllllllll

Buy abv 82 for tt 91-92 SL 76

buy

Kinda looks like a short to me

Dont be mislead that Auto Stocks & Steel stocks are Going down and they will Go down further more , this drop is essential and Important to attract New Investors , who tend to invest on longer term basis , all this drop is because Government is likely to announce 15 Year old vehicle scrape and New Automobile Laws are on the way Small investors wait for market ...

Buy SAIL in demand zone, Valid only for Today ie 11th July 2018

Short Sail for target 75 chart patterns

Look for sell on rise near 85.40 with stop above 86.50 , and hold it till it makes to 73 , if you are low risk trader then wait for 1 Hour reversal and take the short in Future and hold it with stop above 1 Hour reversal candle +0.25 as buffer

One More drop and reverse near 80/79 its Going to Make an Impulse move , if failed to Make any reversal then expect it continue in down ward trend

Price has taken support at 18 EMA. Bullish candle has appeared after testing the 18 EMA. MACD is also indicating that the potential trend is UP. Can be bought above 84.30 and Ideal Stop Loss would be below 18 EMA.

Price broke the Resistance zone, we can see the buyers are stronger then seller and 50-61.8 Fib retracement zone in place so this is good sign for uptrend continuation.

Buy Zone near 77.10 This is the fibo 61.8 and gap support zone

Price trend in Elliott Wave Strategy in wave 5 looking for good opportunity for buy at this level for nice target buy at 87.5 T1 - 89.5 T2 - 91.5 T3 - 93.5 Sl - 85

Buy above 88 SL 85 Tgt 91

Bullish wedge Must stay > 83 on the month closing CCI(D/M)>100 TGC true on M* (* month ongoing) Volume Surge Happening Target / Resistence 142 SL 67 Duration: 9 months

I am looking this will make one last drop , I am forecasting it till 66 it can drop below also , there is not rules it cant , but this drop will be the last drop, once they turn around they are heading for 95+ , once you make any entry trial your stops

Buy abv 77.5 siwth stops at 74. Tgt 1 at 81.5 and trail abv that