STEEL AUTHORITY OF INDIA
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SAIL

Sail is in recovery stages, looking for clearer sign of strength, we broke out of falling channel and now have overlapping impulse waves, could be a leading diagonal, if yes we can start projecting higher. all indicators are also suggesting same direction, one can go long at these levels or in dips ( if any ) with mentioned key levels on chart.

Wave Structure could be like this
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Breakout with good intensity of volume
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weekly macd
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Daily macd
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Rsi in daily above 60
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Dmi adx also positive
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Bbc
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Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing



Technical IndicatorssailsailanalysissailbuysaillongsailltdTrend AnalysisWave Analysis

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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
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