SAILNSE:SAIL
Reason
1) In an uptrend
2) Read for Breakout
3) Hold for Long term
4) Acting in good support and resistance
SAIL trade ideas
Sleeping Beauty SailAs METAL INDEX is on All Time High , Expecting SAIL To Burst Out. In This Chart I Havr Use PRICE ACTION STRATEGY And Fibonacci Retracement and Found This Levels . Above Call is Pure Delivery Based
SAIL- Trend Change BreakoutNifty Metal Index has already given a breakout and now SAIL too has given a breakout
SAIL DOUBLE BOTTOM BREAKOUTSAIL HAS CREATED DOUBLE BOTTOM AT 93 LEVELS ON DAILY CAHRTS AND BROKE THE NECKLINE ABOVE 102.5, WHICH GIVES M SHAPE RECOVERY SETTING TARGETS FOR 112.5
ALSO GOOD NEWS FOR STEEL SECTOR CAN BE AN ADVANTAGE FOR SAIL.
Disclaimer: I am not SEBI registered and all the analysis is purely for educational purposes. Not a buy or sell recommendation. consult your financial adviser before entering any trade.
SAIL SHORT DOUBLE TOPSail has made a double top at the bottom of the fib extension level as shown in the chart. The next strong support level is just below 2 ATR (daily) at 86, which is our target. Stoploss should be the open of the daily candle formed on 15/3/22, which is almost like a bearish marubozu indicating strong selling pressure.
SAILSAIL has marked oct top as X and then an ending diagonal, which should now be complete as prices have come back inside the wedge, wave E of wave Y is a shortest in the pattern even as it is a 'Under throw' below lower line, we can say like a fake breakdown, Now macd in hourly has turned positive along with macd in daily is converging towards north, also one trendline is broken on chart with good intensity of volume. it looks good to go long.
breakout with good intensity of volume
support from support area
macd in daily is converging towards north
macd in hourly positive
rsi in daily is uptick near 46
rsi in hourly above 60
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult your Financial advisor before trading or investing
SAIL I hope this would be the turnout area for the stock SAIL.Anyway this turnout is only useful for long term investers only, not for short term and swing traders.As i always say whatever we do,manage your risk reward and money management.Let's enjoy together.
SAIL BREAKOUT RETESTBreakout after 9 Years is being retested right now. Looks good to accumulate with a small stoploss. all time high maybe sooner than we think.
SAIL Long NSE:SAIL From the highs of 150 stock has given a corrective fall,
One should go long near current level keeping SL of 93 & look for the target of 117/125/130+
Solid and a finest positional bet on SAILOn weekly time frame its on long term trendline and in one more pattern it is ,that is parallel channel and a plus point is metal sector is performing good and has given breaakout only sail has underperformed till now .it could be one of the best bet on metal stock.
Buy at current market price 104
targets are 115/130/150+
with a stoploss of 97 (short term)
and 90( long term)
SAIL: ENDING DIAGONAL SPOTTEDFrom the highs of 150 stock has given a corrective fall as ABC three wave correction with c as an ending diagonal. One should go long near current level keeping SL of 93 & look for the target of 117/125/130.
Sail weekly chartThis week can be deciding factor for sail despite poor results Quarterly.
Trend reversal can be seen if holds the lower support live of the week.
Sail Bullish (17-01-2022)sail chart 1 hour time stock correction show triangle correction (A,B,C,D,E).
wave A = (A,B,C)
wave b =(A,B,C)
wave c =(A,B,C)
wave d =(A,B,C)
wave e = (A,B,C)
Triangles are a correction five-wave pattern (marked as A-B-C-D-E), which is divided into five types. This pattern is formed in a position prior to the final wave in an impulse or a correction. For example, a triangle could be formed in a wave four in an impulse or wave B in a zigzag.
Also, this pattern occurs in final wave X in a double/triple zigzag or three patterns.
Wave two of an impulse can’t be a triangle.
Waves A, B and C are usually zigzags, double zigzags, triple zigzags (that’s rare), double and triple threes.
Waves D and E could be triangles themselves.
Triangle’s classification
On the next picture, you can find all types of triangles (Horizontal, Barrier, Expanding, Running and Skewed). Let’s examine them one by one.
All types of triangles Elliott Wave analysis
Sail Weekly - Ready for Break outSail is ready for breakout if it breaks the trend line could be in a week.
Ready to break out in daily chart as well.
Break out trend above 108.
Good support from current budget for steel sector.
Other steel stocks like NMDC and tata steel broke out. Waiting for Sail to sail, current range has anchored in 100 range.
Note: This is only for educational purpose not a recommendation, please consult your financial advisor before investing.
SAIL Ready to Break the trendSail is about to break the trend line in another days.
If it crosses 109 then there is a clear breakout confirm it will come out from the down trend.
For clear breakout expecting a long green candle with open and close above 109.
Note: This is only for educational purpose not a recommendation, please consult your financial advisor before investing.
Sail Long opportunityNSE:SAIL
Stock - SAIL
TimeFrame - Monthly
Hello all!
Sail has been facing heavy resistance between 90 and 104 price band since May 2006. It finally broke that price band on April 2021 with a huge bullish candle and heavy volumes. It has now come back to retest the resistance-turned-support zone and has also formed a Flag and Pole pattern.
The Perfect entry would be after the flag breakout. The analysis would become invalid if the stock falls below the lower flag trendline
Do let me know your thoughts on this!
*NOT A CALL*
