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STEEL AUTHORITY OF INDIA

MONTHLY WEEKLY CHANNEL BREAKOUT IN #SAIL

Oleh Manish_Mangla
Diupdate
SAIL has given monthly weekly channel breakout after some accumulation btwn 104-98 may go for 110-114 as tg1 and 118-120 as tg2 and stop loss as fails to cross channel successfully may need to wait for 2-3 weeks
Catatan
Need to consider the environment getting formed in market due to increasing number of CORONA cases
Catatan
as took little support at rsi60
Catatan
breakout is with the volume at weekly time frame
Catatan
Now if the market doesn't fall due to #CORONA then SAIL is must add stock in portfolio for long term
Trend AnalysisWave Analysis
Manish_Mangla

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