Sail Cup and Handle Pattern

A 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.
BANKNIFTYCup And HandleMetalsNIFTYniftymetalsailsteelsteelauthorityofindiaSupport and ResistanceTrend Analysis

Also on:

Disclaimer