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STEEL AUTHORITY OF INDIA LTD.STEEL AUTHORITY OF INDIA LTD.STEEL AUTHORITY OF INDIA LTD.

STEEL AUTHORITY OF INDIA LTD.

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SAIL trade ideas

SAIL - Bull Flag - Intraday/Short TermThis analysis is purely based on price action and Chart Patterns. The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days Trade strategy is explained in image itself. Don't run after the price. Always plan your trade & trade your plan Keep trailing SL accordingly once entered into the trade. Trade at your own risk and money management. Do your own study before taking any trade Feel free to comment for any queries & suggestion Comments
NSE:SAILLong
by AdityaKarn90
CAN (Steel Authority of India) SAIL TROUGH THE HEADWINDS ?As the long term downtrend has been paused, let's see how far this stock can be pushed on a short term basis: It bounced from an all-time low of 19.95 to initiate the upward correction. The first push up took it to 32.05 and after retracement, the custom point is created at 25.80 If we measure the Fibo Ext at 100% the target is 37.80 which lies in between the upcoming resistance zone. Invalidation of this buy trade would be the break of the rising trend line or a close below the custom price at 25.80
BSE:SAILLong
by moneytize