STEEL AUTHOR INDIA

NSE:​SAIL

Abv 78 buy with stops at recent lows (near 73)

Above the 76-77 neckline there is likelihood of surge towards 87 in coming weeks.

with stops at days low for a positional setup

SAIL : short term sell if breaks the bottom near 75.9 with stops at 77.5

The head of around 9 rs will take it to near 86 region if the pattern plays out.

we can expect it to reach its recent peak near 100. Keep stops at 70

Buy Sail above 77 T1: 82 T2: 86 SL: 71.3

BUY small Quantity at CMP ADD more above 75.5 ADD more above 81.5

The stock has gone into a H&S pattern below the neckline... Unless we are able to break the neckline and invalidate the pattern, the target is pretty deep for now.

If SAIL climbs back above this break down line, it may be a good buy above 76 with stops at todays lows

hii.. those worrying about, steel authority of india (sail) to drop in abundance or thinking to short the position, here i have some tips for you. i see there is a crucial support level at 74.80 and also stochastic rsi have fallen to zero, i think stock will not fall more over from support levell.

Any drop and reversal on daily is buy for Next Impulsive move Up

Please refer the chart. Thanks.

LOOK IN THE CHART.....

SAIL Tgt 89.6 SL 77 with a bias for +ve results Disclaimer : Just discretionary ideas. Apply your own risk mgmt. These trades have nothing to do with the Mi models

SAIL: Looks stronger relative to the market Stops should be lower end of the range.

SAIL long based on S&R

LOOK IN THE CHART..... https://in.tradingview.com/x/HZWesb6m/