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STEEL AUTHORITY OF INDIASTEEL AUTHORITY OF INDIASTEEL AUTHORITY OF INDIA

STEEL AUTHORITY OF INDIA

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SAIL trade ideas

Amazing breakout on Weekly / Daily Timeframe - SAILCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME. PS: No new Nifty500 script can escape from me when making a breakout. :-)
NSE:SAILLong
by Yoyohoneysingh93
sailthere is a potential strong support level around ₹92.36. This level has been tested and held multiple times in the past year, most recently in December 2023. There is also a significant increase in volume at this level, which suggests strong buying pressure. Additionally, the 50-week moving average is also located around this level, which can further act as support. It is important to note that no support level is foolproof, and the price of SAIL could still break below ₹92.36. However, this level does seem to have some technical and fundamental support behind it, making it a potential area to watch for buyers to step in.
NSE:SAILLong
by anikeshdey7
long in sailany one can go with this share if you want to make money in steel sector for swing or short term you can go with sail . and please keep stop loss of 110 rs . strict stop loss time frame for holding 1to3 week follow sl properly becuase this is not perfect 100 percent demand zone but yes . breakout demand zone is there so please your position according to that . Disclaimer :- i am not sebi registerd all profit and loss is yours . so please consult your financial advisor before taking any entry in to the share and i am not resposnbile for any of losses or profit as well only solely you are only responsible for that market is also so volatile this days so keep your position light weight in any stock thanks thanks waiting for you prfitable comment
NSE:SAILLong
by Parthupadhyay67
2
#sail very Billish Idea (16 year trendline resistance breakout)Sail Breaking out from its multiyear resistance trendline today in daily TF as well as todays is weekly closing also gives breakout conformation it looks very Bullish from this level good to hold above 125 for the view of longterm investment my view to this stock is 2x, 3x from this point also its outperform nifty500 index in weekly time frame Volume from past weeks increasing also confirms bulliness of this stock in my view this is the opportunity to invest in this stock for handsome returns
NSE:SAILLong
by Sabakarim