Description
⋅ 1) Stock is in uptrend in Monthly , weekly.
2) The trendline that connects highs of 2007,2010,2021,2024 are about to be broken on the upside - Price confirmation indicates the same.
3) Weekly Price shows Morning star reversal.
Note : This stock has not participated in the bull rally of 2023.
Entry - Anywhere between 122-135. I see aggressive entries can be planned at 135.
Targets - 151, 170, 190-200, 260
STOP LOSS - Would consider exit only if monthly closes below 108.
Comment
⋅ Target 1 hit. Marching well towards next target, breaking previous important supply and swing high region 150.
Comment
⋅ Metals are soaring, and so is SAIL! Expecting Nifty Metal to outperform Nifty in the coming days.
Comment
⋅ Target 2 hit, 170.