SAIL is rising up from a long trend-line. Also from Trend Fibonacci retracement the price is nearing 50% retracement. With rising commodity prices in anticipation of falling interest rates could potentially lead to previous highs of around 280.
Stock coming out of slumber of last 5 years with decent volumes and increased sales growth in last 3 years.
Infra and Engg spending Capex will keep the stock busy and running.
Weekly Momentum RSI all favourable wrt RR from this point.