SAIL-DAILY/WEEKLY/MONTHLY-BreakoutNSE:SAIL
Stock is near verge of breakout 90-91 level. It has formed a rounding bottom near support levels.
As per the weekly chart it is creating higher lows from past few weeks. Currently there is a inside candle formed in weekly timeframe. However, it needs 3 more days to get confirmed how it will appear.
I still believe that the stock is bullish above 87-86 levels. If it goes for retest, it will be good opportunity to accumulate some qty around 88.50.
We can keep SL around 85, it has potential to go upside T- 100, T2- 110.
This is only for educational purpose, please manage your risk accordingly.
