Long

$NSE:SAIL looking Bullish and ready for an Upmove.

Updated

has formed Inverse Head and Shoulders in weekly chart and has successfully given breakout from Triangle taking support from 0.618 Fibonacci and if we check weekly chart it has also broken Ascending triangle pattern.

With current Fundamentals and Technicals looks strong and ready for one leg up around 160 and 180 in next few months and 200 to 250 in a year.

Those who want to buy can buy around 125 to 135 with a Stoploss of 115.

Targets are

-Short Term
1. 145
2. 150
3. 158

- Mid Term
1. 160
2. 180
3. 200

- Long Term
1. 219
2. 256
3. 293

Please note we are not SEBI registered and the idea above is for educational purpose only and for my own understanding. Please DYOR before taking any trade.

If you like my idea just give a share and boost and don't forget to follow.

Trade active

Those who don,t know sail is a volatile stock and anyone in a position for swing can book profit for now, from here sail will sail through consolidation and then ready for next move up.

Note

Hello! people Sail has successfully sailed through our first target of 170, Now next sailing towards next target of 180 and above,
For that we need to close above 0.5 fib ratio or should stay or consolidate around 160 to 165.
Mid Term Targets are around 180 to 200.
<B>Disclaimer<\B>
please DYOR before investing your hard earned money, These analysis are for educational purpose only and do not follow anyone blindly may be its warren buffets himself unless you don't do your home work you will always be dependent. We are not SEBI registered just a person lost in charts.

Note

All Short term target achieved

rahulxvaishnav

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