STEEL AUTHORITY OF INDIA
Short

SAIL - SHORTING OPPORTUNITY

106
SAIL CMP 73.75
Target 60
Stop 80
Daily Chart
1) Stock broke below 200 day ema with heavy volumes.
2) Higher time frame - Weekly chart has the stock breaching 30 week ema.

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.