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kpbats

SAIL - Has this really reversed its trend or is this a trap?

Long
STEEL AUTHOR INDIA (NSE:SAIL)  
kpbats  
NSE:SAIL   STEEL AUTHOR INDIA
Chart Patterns
3
0
chartpattern
SAIL - CMP 75, looks to have broken out from a decade long downtrend
Demand for Steel has gone up a lot, and so has its prices, which seems to be driving lots of people into stocks like this
Its a risky bet
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