SAIL - Reversal pattern in action!Monthly Time Frame:
Overview & Observation:
1. CHange in price structure from LL-LH to HH-HL
2. Good volume support
3. Bouncing from weekly demand and fib support zone.
4. Expected to continue to move higher.
5. Earnings are weak though!
Trade Plan:
1. Entry = cmp 154
2. Stop Loss = 10-12%
3. T