SAIL trade ideas
sail formed negative chart structure may slide at 84on pure price action bases i think SAIL broke major support level of 90 may head towards 84 in near term. if resume above 92 then again it will be in positive territory. So keep eye on SAIL
Possibilities of SAILNSE:SAIL stock trade in channel. Currently stock trade near support zone. you can consider to Take position swing trade for target of 105 and put stoploss 85
SAIL SHORTStock breakdown 200 DEMA
Clearly big Bearish candle
Chart setup make lower low,
lower high.
Price below All DEMA
Strength weak
Not favour for long at this time.
Go short today day high S.L
Disclaimer This is my personal view for education purpose only
No Buy sell recommendations.
[Positional] Sail Buy IdeaNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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Sail -Harmonic pattern=>Sail 1DTF Harmonic pattern hits the prize reversal zone
=>Shorting from the reversal zone to the target
SAIL SAIL Chart is looking very strong because last week candle cover last 35 week candles, since last 35 week candle price are in small range,
Sail Cup and Handle PatternA clear pattern of Cup and Handle appears on Daily chart of Sail. Breakout has been given around Rs. 94 with a potential upside of 20%.
The breakout has been supported with heavy Volume which indicates strength.
Please give a boost and comment if you find the analysis helpful and consider following for more. Any Request, suggestions or advice are warmly welcomed.
Disclaimer:I am not a SEBI Registered Analyst, and the views expressed here are solely my own and for educational purposes only. Make sure you consult your Financial advisor before investing, as I won't be responsible for any losses incurred.
SAIL_23.08.2023Accumulate with a long term plan. 3 to 5 years target. Only Government stock which has not moved.
"Analyzing SAIL's Recent Performance and Future Targets with KeySAIL experienced a retracement, dropping from 96 to 91.50. However, it subsequently demonstrated strong buying momentum, resulting in a closing price of approximately 92.90.
Looking ahead, SAIL has the potential to reach 96 as its near-term target, followed by 99 as the second target. Additionally, there is a more extended timeframe target of 108 within six months.
The suggested stop loss level is around 87.
#Sail #option #futuers#Stocks
Symmetrical triangle Symmetrical triangle breakout in sail
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Triangle pattern breakout and bullish divergence.Fresh breakout in this script. Clean formation of Bullish Divergence and Triangle pattern.
One can trade this stock with mentioned target and stop losses.
SAILSAIL finally set to Sail into new highs? Placed decently above key moving avgs and just 2% away to breakout from nearly 8 months old consolidation which is also the 52WH
SAIL-DAILY/WEEKLY/MONTHLY-BreakoutNSE:SAIL
Stock is near verge of breakout 90-91 level. It has formed a rounding bottom near support levels.
As per the weekly chart it is creating higher lows from past few weeks. Currently there is a inside candle formed in weekly timeframe. However, it needs 3 more days to get confirmed how it will appear.
I still believe that the stock is bullish above 87-86 levels. If it goes for retest, it will be good opportunity to accumulate some qty around 88.50.
We can keep SL around 85, it has potential to go upside T- 100, T2- 110.
This is only for educational purpose, please manage your risk accordingly.
SAIL Channel breakoutSAIL has given a breakout from its channel after a considerable amount of consolidation. Entry can be made now or after the retest of the channel. RR ratio - 1:3.
Not a trading advice. Do your own analysis.
Cup and Handle Sail Cup and handle on sail, along with an inverse Head and Shoulders which tested the neckline,
Ready to move to Rs.88.70
sailLife Insurance Corporation of India (LICI) has increased its stake in the state-owned Steel Authority of India -SAIL from 6.69% to 8.69% in tranches.
SAILMake descending triangle chart pattern in 4 hour time fram , take support of 50 EMA if break out at resistance level Target will be 90 , if take break out at support level Target will be 75 .
This is for educational purpose not a trading advice so that's my view comment down your view 🤗
SAIL (Steel Authority of IndiaSAIL - has completed its long term correction and has started moving up again. The stock is a good pick for long term as it is likely to make new highs in the coming years.
Trend Analysis of range bound SAILDaily chart analysis
stock is trading in range. Any breakout outside the range will decide if stock to go up or down
