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UnknownUnicorn23160314
May 31, 2021 9:47 AM

Sail - breakout Long

STEEL AUTHOR INDIANSE

Description

Time frame - 1 hr
Triangle breakout - retest done.
Supported by 20 ema.
Surge of 10-20% upside can be seen.

Comment

Negative impact due to news. China to ease restrictions on steel making.
It is consolidating in rectangular channel.
Good move expected after breakout of this channel.

Trade active

Still consolidating in horizontal channel at 1 hr time frame.

Comment

Made a high of 135. Stock has potential to go up to 150.
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