SAIL trade ideas
SAIL LONG TRADE 1 HOURHello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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SAIL
1 hour : It has taken the liquidity from demand zone.
*Wait for the opportunity in lower timeframe (5 min) and we could see an upside movement.
THANK YOU !!!!
SAIL Swing Trade OpportunitySAIL is about to give a breakout
89.30 to 90 is a strong resistance if it manages to break and sustain above this level we will get good swing trade.
There is a pivot as well at 89.55 very simple trade plan. If it breaks those important level then we can go long in SAIL Intraday or swing.
For more refer to the image above
Comment If you have any questions or queries.
Happy Trading !
#SAIL #TATASTEEL #HINDALCO #TATASTLLP #JINDALSAW #JSL #JSLHISAR #SAIL
NSE: SAIL
CMP: 80
TP: 93
SL: 74
TF: <6m
RR > ~2 times
Return > 15%
JSWSTEEL JINDALSTEL SAIL NATIONALUM TATASTEEL HINDALCO TATASTLLP JINDALSAW JSL JSLHISAR JINDWORLD JINDRILL JINDALPHOT JINDALPOLY VEDL
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia