SAIL dot to dot target 1 done now heading towards target 2 show good strength now one can book 50% profit rest hold for target 2
SAIL trade ideas
Go Long in SAILVery Good pattern seen in SAIL one shoud buy for tgt 0f 100 ,study yourself before investing,i will buy this stock in 2 days
triangle pattern Breakout with volume triangle pattern Breakout with volume , rejection at lower level long wick hammer candles
SAIL Ending diagonal in 5th waveLong 75 stop loss 67 targer 92-112
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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SAIL - Hammer at ascending triangle supportNote: This is for educational purpose only. Please do not trade F&O based on this analysis.
There seems to be a bullish hammer at ascending triangle support. Moreover, this coincides with 50 EMA. RSI above 50 indicates bullish momentum.
During price fall, there was a decrease in volume which indicates weak sellers.
SL: 62.50₹
a good company giving good returnssteel authority of india
government stock
long term downtrend
but give decent returns
in a year or sometimes it takes even more than that
but the returns are good
dynamic support 100ema
Buy SAIL (Cup and Handle pattern) Buy SAIL at cmp or in dips till 70 Target1=81 Target2=90 and SL will be 69 on closing daily candlestick.
steel authority of india now whatbat harmonic pattern completed at point d. although stock gapped up at .886 levels but could not sustain and fell. now as a rule after completing pattern stock can fall till or retrace till 50% and bounce back again as we can see with fibonacci so keep stop loss of 67 to 68 only if you are already in the game or for fresh long keep stop of 67
trade at your won risk
sailfibo 50% support + trend line support+ normal price support , 3 supports coming at one place. sl 68 tg 116. it may take time 2-3 months
Inverted Head and Shoulder Chart Inverse head and shoulders chart is in making.
Red lines are acting as target/resistance.
Recent price drop in the metal sector could be an opportunity to accumulate or make fresh entry.
SAIL good buy signal !!!!SAIL : cmp :78.4
A rounding bottom kind of pattern has been formed in daily chart.
On the verge of a breakout...
TGT may be 82.5/85.8/90.6/94.55/100.45
Sl 70.75 clbs
Positional SL 62.45 clbs
Good to grab near 75.5-76.5 zone.
Option Strategy : Buy march 79 CE
or Sell 75 PE
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
