Considering the bullishness in the steel sector, this script can be played for a swing trade playing with the momentum SL below 15.7 and the targets are the levels marked on the chart Started looking bullish on the daily time frames with more volumes coming in
SAL Steel Ltd C&H Pattern: Yearly Basis C&H / Yearly Price Trendline: Strong BreakOut. Strong Vol. BreakOut. Need to Sustain *With Upside, Trail SL* *Book Profit as per Risk Appetite* *Snapshot* Engaged in Mfg.: Sponge Iron / Ferro Alloy. Also has Power Generation Capacity of 40 MW. Likely Issue of Preferential issue of Share Boosting TNW. Benefitting...
Sal steel a microcap stock on breakout of 13 years of breakout Can buy in decent quantity Avoid aggressive qty Tgt 22 25 28 Ask your financial advisor before buying Only for educational purposes
It may breakout or reject from current level probablity of breaking out Daily time frame twizer bottom candle formed RSI positive Weekly pivot is nerrow