STEEL AUTHORITY OF INDIA
Viés de alta

Sail looking good on daily chart in short term

482
Long purple line coming from all time high downwards and on 30th april price broke that line gracefully with 7 rupees big green candle along with good volume and till now that purple line is not breached and assuming its not gonna breach and assuming we can see a pullback when the price touches this time also.
On 24 may and 23 aug we can see price bounce back .
Also upward channel can be seen here and in future, assuming price is gonna run between it.
So further downside is maximum 110.



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