After months of base-building, SAIL is showing a classic Cup & Handle formation on the daily chart — a pattern often seen before powerful rallies.
The stock has broken above the ₹143–145 neckline zone with rising volumes, hinting that the bulls are taking charge again. This breakout could mark the beginning of a new upward leg after a year-long consolidation phase.
📊 Key Levels to Watch:
Breakout Zone: ₹143–145
Immediate Support: ₹138
Target Range: ₹160 → ₹180
Stop Loss: Below ₹138
If SAIL sustains above the breakout zone, the momentum could carry it toward multi-month highs. Keep an eye — the cup is filling, and the handle just got served ☕🚀
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.