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Февраль
2024

Stock Radar: SAIL stock breaks out from a ‘Symmetrical Triangle’; time to buy?

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SAIL stock rallies 40% in 3 months, hits 52-week high. Short-term traders advised to buy stock for target of Rs 145. Short-term traders can look to buy the stock now or on marginal dips for a target of Rs 145 in the next 6-7 weeks, suggest experts. The stock found support above 100 levels and staged a strong bounce back which also helped the stock to break out from a Symmetrical Triangle. A symmetrical triangle is commonly considered a continuation pattern.



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