SAIL trade ideas
Buy SAIL for short term gainMy idea is for educational purpose.
Buy SAIL @83 for short term gain of 10-20%.
SAIL giving a Bullish Breakout SAIL has given a breakout from cup and handle pattern on its daily charts, which is a bullish signal. Also on its daily chart, SAIL has broken ascending triangle pattern, which is another sign to go long on it for a swing trade.
Levels are provided below:
Buy above 85
Target 100 / 105
Stoploss 70
SAIL: Swing and Intraday Setup! Cup Handle + Flag 🎯Forming a cup handle pattern with higher swing lows each time indicating bullish movements ahead. Recently did a bullish flag breakout with a bullish kicker with gap up formation. Intraday: Abv 78.2 . Intraday target could be 80.3 and shall also hold their position later based on closing for delivery. Swing abv. 81.5 with a swing target of 87.5 around. Swing SL: 79.
Buy Buy sail for 90-92 with sl below 77
Overall bullish till the time 67 holds on daily closing basis . RS and RSI are supportive nog uptrend. Falling channel resistance is near 90. Once it gives weekly close above 90 with heave volume then it up for 130-140 levels.
Disc : it's not an investment advice to buy or sell
Cup and Handle Pattern BreakoutMaking Cup and Handle Pattern and given breakout with good volumes.
Target: 15-20%
Duration:20-25 days
Stop loss: 2.5-4%
SAIL Bullish StructureSAIL Can be bought with Stoploss of 76 Rs on Daily Closing Basis
the Volume Shelf support and breach of crucial level 81.5 adds lot of strength to the journey NORTHWARDS
NOTE - please consult you financial advisor before any investments
Breakout in SAIL - Don't chase momentumLook at the details of the chart-
- Stock from strongest sector.
- Made new high
- High volumes
- Higher high on relative strength
C&H Pattern Spotted In Sail Daily Timeframe. Mega Move is coming1) Classic Cup and Handle Pattern Spotted in Sail with good amount of height of Cup and Handle.
2) You can see supply zone i deployed at 80 which is broke today and sustaining above 80 and even Nifty falls 120 points.
3) When Nifty continue it's rally this will be the one which can perform in Coming days .
Entry = 80.35
Target = 105.4
Cup & Handle pattern on Daily Chart - Sail#SAIL
Cup & Handle pattern on Daily Chart.
Target 99/101
SL 70
EDUCATIONAL PURPOSE ONLY.
