Rugminik

SAIL - 50-70% ROI Potential with an RR of 1:3 - MidTermPotential

Lång
Rugminik Uppdaterad   
NSE:SAIL   STEEL AUTHOR INDIA
1) 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.

Kommentera:
Target 1 hit. Marching well towards next target, breaking previous important supply and swing high region 150.
Kommentera:
Metals are soaring, and so is SAIL! Expecting Nifty Metal to outperform Nifty in the coming days.
Kommentera:
Target 2 hit, 170.
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