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STEEL AUTHORITY OF INDIASTEEL AUTHORITY OF INDIASTEEL AUTHORITY OF INDIA

STEEL AUTHORITY OF INDIA

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SAIL trade ideas

SAIL - 50-70% ROI Potential with an RR of 1:3 - MidTermPotential1) Stock is in uptrend in Monthly , weekly. 2) The trendline that connects highs of 2007,2010,2021,2024 are about to be broken on the upside - Price confirmation indicates the same. 3) Weekly Price shows Morning star reversal. Note : This stock has not participated in the bull rally of 2023. Entry - Anywhere between 122-135. I see aggressive entries can be planned at 135. Targets - 151, 170, 190-200, 260 STOP LOSS - Would consider exit only if monthly closes below 108.
NSE:SAILLong
by Rugminik
3
$NSE:SAIL looking Bullish and ready for an Upmove.NSE:SAIL 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 NSE:SAIL 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 NSE:SAIL 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.
NSE:SAILLong
by rahulxvaishnav
Steel Authority of India LtdTarget given in the chart SL as per your appetite Fundamental's Market Cap ₹ 69,620 Cr. Current Price ₹ 169 52 W High / Low ₹ 170 / 80.4 Stock P/E 20.6 Book Value ₹ 136 Dividend Yield 0.89 % ROCE 5.89 % ROE 3.57 % Face Value ₹ 10.0 Price to book value 1.24 Intrinsic Value ₹ 163 PEG Ratio 0.35 Price to Sales 0.65 Debt ₹ 30,714 Cr. Debt to equity 0.55 Int Coverage 2.94 Reserves ₹ 51,889 Cr. Promoter holding 65.0 % Pledged percentage 0.00 % EPS last year ₹ 5.27 Net CF ₹ -74.4 Cr. Price to Cash Flow -13.2 Free Cash Flow ₹ -8,812 Cr. OPM last year 7.70 % Return on assets 1.55 % Industry PE 18.7 Sales growth 0.45 %
NSE:SAILLong
by madhu2811
SAIL 28th March 150 CE Buy 1:2 risk-to-reward ratio in a week ? I'm planning a trade on SAIL for Monday, 4th March 2024 , targeting the 28th March 150 CE option at around Rs.3.3 (8000 Lots). Planning to hold for a week, aiming to exit by Friday, 8th March, regardless of market conditions. My stop loss (SL) is set at a loss of -16,312, while my target profit (TP) is +32,659. This gives me a risk-to-reward ratio of approximately 1:2, indicating a potentially favorable risk for the expected reward. I'm attracted by SAIL's high volume, which suggests liquidity and potential for movement. Reason for the trade? I'm considering the technical indicators which show a bullish trend: the lowest 20 EMA is above the 50 EMA, which is above the 100 EMA, and finally, the 200 EMA. This alignment suggests strong upward momentum. Moreover, the daily candle has broken above the 23.6% Fibonacci retracement level and sustained it, further reinforcing the bullish outlook. These technical factors, combined with SAIL's high volume, make this trade particularly appealing. What are your thoughts on this strategy? Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions.
NSE:SAILLong
by JashR