Steel Authority of India Limited
Viés de alta

Trend reversal in SAIL with strong collective Volume!

380
SAIL

SAIL has been under pressure for months, but now the long-term falling trendline is broken. This means the downtrend is over and a new bullish phase can start. As long as it holds above 128, bulls are in control, and upside towards 170+ is likely.

✍ Entry:

Aggressive: Current levels around 134–135.
Safer: Fresh entry on a close above 138 with volume.

🚩 Stop-Loss: 128 (just under breakout zone).

🎯 Targets:

Target 1 → 158
Target 2 → 170
Target 3 → 180 (extended move if momentum sustains).

💡 Pyramiding Strategy:

1. First buy at 134–135 (small).
2. Add more if stock closes above 138–140, trail SL to 130.
3. Add final lot above 158 breakout, trail SL to 140.
Ride towards 170–180 for full move.

Aviso legal

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