Kshitij_008

SAIL - Short Term Buy

Long
Kshitij_008 Updated   
NSE:SAIL   STEEL AUTHOR INDIA
Hi
Sail is looking good for a short term buy.
We can buy above 33.90, with SL of 31.90 and targets around 36.30/38/39.
There seems a positive divergence in MACD.
RSI also is in sync with the price movement.
Trade active:
HI
Sail made a high 36.55.
1st target achieved.
Now we can bring our SL up to our cost and hold for subsequent targets.
Trade active:
Todays high 38.35.
2nd Target done - 38.
Now we can either Book all or change SL to 34.90.
Trade closed: target reached:
Todays high 39.40.
Target of 39 achieved.
Call Closed.
But stil looks bullish , so if anyone wants to carry can book partial and now TSL comes to 35.90

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