SAIL trade ideas
Buy on dips for 40% returnHi All,
Please refer chart for detailed explanation on technical analysis .
Falling wedge is one the most accurate pattern. One can use buy on dips strategy.
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P.S: This is not an investment advice. This chart is meant for learning purposes only. This is my personal viewpoint so please Invest your capital at your own risk
SAIL - FOR UPWARD MOVETrending in a channel
Looks like it may hold lower channel again
Risk to risk seems excellent
CHART ANALYSIS OF SAIL(STEEL AUTHORITY OF INDIA)FOR FEBRUARY'22 Perfect head & shoulder formation on the way.. Stock also sitting on important support levels on weekly time frame.. Highly favorable RR ratio for investors and futures traders above 100 levels.. Q3 results expected to be announced on Feb 10' 22.. Expecting huge momentum before the results...
SAILAlthough nifty is under pressure SAIL is looking at really good levels in terms of supports
Can buy if marked zone is sustained
SAIL has a chance again for large upsideSAIl is now resting at 38.2 retracement level from its 52 week high and it also at a crucial polarity level that may lend it support... very little risk to reward setup here..if it closes for the week below 101 then its stop loss triggered..upside of 81 rupees i.e., 182 is the target
STEEL AUTHORITY OF INDIA LTD_BULLISH PENNANTSteel Authority of India Ltd.(SAIL), when viewed in the 1hr timeframe, is found to be on a Bullish Pennant trend. A long candle cutting the green line upwards can be a bullish trend which can reach till 115, at-least. A stop loss can be set on an appropriate point on the red line if the price is about to fall down.
SAIL Levels...M Candle (30.12.2021)SAIL once box breakout and trend line it good to see in long term, soon will see 150+ in 2022
SAIL - MEADIUM TERM 6 MONTHS TO 1 YEARSIts looks Flag Pattern.
weekly chart so its for long-term.
Too much accumulation happened on mid of 2021.
Now wait for break out the channel once its break then can be expect for around 50% of profit in 2022.
Take the trade above the 125.
stop loss - 95.
RR is around 2.5.
patience is the most important thing in trading as investor.
Its all my analysis only. before take the trade please check with own analysis.
I'm Not SEBI registered.
A huge potential of the Indian Steel Using Proportional analysis, Wyckoff methods, and Ichimoku I can say, that there is no doubt this stock has a great potential. The price will be above 300 or even more
SAILSail had Breakout from its resistance zone and retested the significant level successfully so its good to go long for a 30% target
SAIL LOOKING GOODthere is 55ema high low band support
it also foam doji candle and also confirm doji
there is also a positive divergence
SAIL - 08.12.2021SAIL Ltd - 08.12.2021
The stock is trading @ 110 levels
There is a MACD Bullish Divergence in Weekly Chart
The prices are above ema
One can initiate a buy position @ current levels with support @ 106.50
watch out for the price action
SAIL DAILY CHART trendline resistence breakout , support around 106/100 can add until there , short term tgt 110-112 . medium term tgt 120-122 . long term tgt 130-132
Flag PatternSAIL has formed flag pattern, it is good buy around marked demand area and below level as stop loss for the given target for long term.
let's see
Happy Investing!
#SAIL Bullish Harmonic#SAIL Bullish Harmonic
PRZ -91
SL- 82
Target 114/120+
CMP: 107 @August 22,2021
SAIL BUY AROUND 110 WITH STRICT STOPLOSS OF 102 Monthly breakout and retest conformation place SL 103 WITH GOOD WEEKLY AND MONTHLY SUPPORT
SAIL ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
SAILIn long time line SAIL clearly form the flag pattern ,and also we see in 3 months time line ,it going on the up trend ,short time line marked as green rectangle . SAIL has good fundamental and also strong sector trend , good to invest in SAIL .
SAIL -MASSIVE MONTHLY BREAK OUT SOON POSITIONAL TGT -150/205/256Enter only above yellow range and red are the targets, green is the SL, one can trail the position till the Green trend line breaks
Share your thought on this,
Thank you.
SAIL bullish sentimentSail making falling wedge pattern it may break up side . Holding period minimum 8 to10 months to reach R5 above 200.
