SAIL is in bullish pennant pattern, making higher lows and lower highs, wait for breakout for trend confirmation.
SAIL has been under-performing for a long time. the stock is fairly priced considering Price to Book ratio. Hope it enters a new bull cycle, shed its PSU image and test previous highs.
This analysis is purely based on price action and Chart Patterns. The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days Trade strategy is explained in image itself. Don't run after the price. Always plan your trade & trade your plan Keep trailing SL accordingly once entered into the trade. Trade at your own risk and...
Don't follow blindly, do your own research.
We saw good rally in metals(Tatasteel,jswsteel,jindalsteel,Sail), these many days. Fresh Investors Ignore Metals as of now. Now It's in overbought zone, Will it sustain or we can see a big dip in All Metals. Also looks like completion of Elliott's 5 wave - . Go through my profile in.tradingview.com for all metals analysis done.
Entry. $24.05 S/L $22.85 TP $27.05 12 months Consensus Price Target: $23.71 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
As the long term downtrend has been paused, let's see how far this stock can be pushed on a short term basis: It bounced from an all-time low of 19.95 to initiate the upward correction. The first push up took it to 32.05 and after retracement, the custom point is created at 25.80 If we measure the Fibo Ext at 100% the target is 37.80 which lies in between the...
After Sail recent announments the stock price has been constantly moving up .. keep buying .. it’s near the lowest
Increasing volume over weeks, ADX rising, EMA 10 crossed EMA 21, and a breakout above 44 sustained. Tomorrow’s close above 47.55 will be considered positive for fresh uptrend to continue. Trading for 52 and 60 Rs target with SL of 41.50
BUY SAIL AROUND 39.8 CMP IS 40. TARGET 5-10% UPSIDE BUY AND HOLD. ONE OF GOOD STEEL COMPANIES. WORTH HOLDING.
Go big or go home, $SAIL has been beating earnings since Adam and Eve. Let's hope that tomorrow will be no exception, Bull you better back me up on this one.
SCRIPT: SAIL SAIL POSSIBLE TARGETS IN DOWN SIDE IS MENTIONED IN THE CHART. A POSITIONAL BUY WILL TRIGGER ONLY ABOVE 52. NOT A GOOD LEVEL TO TAKE SHORT TRADE. FOR SHORT TRADE THE SL SHALL BE 52
Hello Friends, with Steel price increase, all the steel based companies are gaining. Look at this SAIL, the range is between 40-100 rs in last few years. with Wedge breakout on weekly, price is keen in testing the resistance zones. It can take its own time, expectation is too test the previous resistance zone around 100+ rs So SAIL turns as very good...
I swear this one and RTRX are twins or something. Hit 28 and you will be a dime. Choose your pre-workout (pick your poison) for some bullish gains! PS...ER is coming soon so watch out for that.
It's a bit soon to call, but this one has a very attractive pattern and it moves fast! Bullish on this one. Gains to be made. Happy 4th of July!
this things got a nice pattern let's go bulls this ones a buy! bullish all the way
On Monday (25/Jun) if daily closes above 85.25 it is probably time to get ready for the next swing. Stop is 82 and first target is 90 (last swing high).