STEEL AUTHOR INDIA stock forum
SAIL support at 141
SAIL might cross 174 level support at 150
SAIL long on sail for 200
SAIL The price is trading in a resistance zone and at the level of recent high. Today we have a strong momentum candle. Potentially the price can hit the target of 169.
SAIL Today's candle confirms the formation of a double top pattern. Now the price could test its trend line and the level of 135. The probability of a negative candle is high. For intraday I will go for a short trade.
SAIL Price made a weak high of 153.30 also gives the breakout of a resistance zone. LTMA and STMA are positive. So, the price will continue its uptrend.
SAIL As we are only 3% away from the resistance level that's why I think the price will try these levels. Also according to the GMMA signal we are in a strong uptrend.
SAIL Sail waiting for a resistance trendline breakout mates
SAIL 10+ Years of consolidation looking forward to breakout..
SAIL buy sail at 112 to 117 rangestrict sl 109 , tgt open 135,150+ within 2-3 week