SAIL trade ideas
Sail for long term investmentWith sail in long term view can see a fall inside a channel , now the price is at resistance level...
In short term view it fall inside clear downtrend channel....
If it follow the pattern of its past I expect it to touch its support level at around 20-30rs in 2024 which might be a better time to accumulate this stock...
Its just my view on this stock..
Do your own research before investing
SAIL descending triangleWhile the stock seems good in the long run, It seems like bearish pattern is going to continue in SAIL.
SAIL▪️SAIL is retesting multiyear breakout of 9 years
▪️Try to grab it in 2 to 3 tranches
▪️Take decision on based on monthly close
SAILSAIL
Currently near Pithfork Resistance
Keep an eye.
Breakout can give a decent move.
Buy above 114
SL 108
SAIL Elliot Wave Analysis : Double Flat correction
Last C wave started
after Completion any reversal from 90-95 level from the bottom of the channel we can go long as swing entry for 5th wave.
Long Idea In SailBuy Sail above 110 with a Target of T1 120, T2 130 T3 140
please have Strict Stop loss 94
Idea is for Educational Purpose Only
#SAIL #StockMarket #StockIdeas #StocktoWatch #StockToBuyBuy SAIL With A Target Price of Rs. 140/150
Also can buy upto 30% at CMP and rest after it cross 110 levels.
Keep SL of 90 on closing basis.
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Stock Trading in Channel , currently at bottom of channel
Also after recent move, it is correcting from top level. Creating FLAG chart pattern
So better to keep on watchlist.
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SAIL has higher exposure to the Construction segment vis-à-vis peers. Hence, any revival in the Construction segment in 4Q should help the company improve its margins on a QoQ basis
he stock is trading at 3.4x/4x/2x our FY22E/FY23E EV/EBITDA. It is trading at a P/B of 0.8x on FY22E/FY23E
Sail ShortI hope you can now see how Sail represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
SAIL is in up moveSAIL is in up move :
Reasons/Traits :
• Triangle pattern break out yesterday and today got confirmed
• Volumes are high
• Price above 13/20/50/200 EMA
• Price above VWAP
• Increased open interest, high deliveries
What can happen next :
Scenario 1 : Price sustaining above 123 levels can take it to 133/141/151 levels
Scenario 2 : Price break down below 123 can take it down to 116/105/98 levels
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
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Flag pattern with morning star formation..Stock has made flag pattern on weekly chart and morning star formation in progress. Also retested its multi-year resistance levels of 100, which now acting as strong support.
Longs can be considered at cmp with SL 98 on weekly CB for target of 130 (20%) in short to medium term and 150+ (around 40%) in long term.
Kindly do your analysis before initiating trade.
SAIL CMP 102 buy for target 110- 120-130-135-145-150-160+ add SAIL CMP 102 buy for target 110- 120-130-135-145-150-160+
add more if get @ 90-80
4-5 years we can see @200-250-300+
SAIL#SAIL
Metals stocks are already giving us breakouts. here is the monthly and Weekly important levels and Breakout details.
Sail - 20% + opportunitySail is currently operating in a channel.
Reversed from lower trendline.
Support of 20,50 and 100 EMA on hourly timeframe.
RSI is slowly gaining momentum.
Flag pattern on Weekly timeframe.
Target: 126 (~20%)
Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your technical advisor before investing.
SAIL Good for ShortTermSAIL Good for ShortTerm / Only for Educational purpose / Breakout Retest Stage
SAIL - Potential Reversal with excellent Risk Reward
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note:
The breakout levels are derived from the weekly line chart which is respected much more by smart money.
DISCLAIMER:
I reserve the right to be wrong.
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Flag Pattern (Steel Authority of India).Wait For The buyers to enter
This is just for Educational Purpose
NSE:SAIL
SAIL - Box BottomThe only reason this stock is so deeply undervalued is its a PSU.otherwise this company trades at super low valuations. The stock trades nowhere next to its replacement costs. The company is also on a very aggressive debt reduction spree.
THe stock is at the box bottom and 200EMA, if it bounces from here it becomes a great value + technical buy. RSI also showing a +ive divergence.
Once the stock bounces its worth going long with a stoploss close to 103 or 105 depending on your risk appetite.
Ps: Markets are on the weaker side so allocations can be smaller.
