Wednesday, November 5, 2014

Technical Analysis 7: Steel Authority of India (SAIL)

05-Nov-2014
Last closing price (3-Nov-2014): Rs. 86.75 (BSE)

Click on the chart for enlarged view.
SAIL has formed the Inverted Head and Shoulder pattern on the daily chart.

Closing price on BSE:  Rs. 86.75
Date Identified: 4-Nov-2014
Target: Rs. 105
Stop Loss: Rs.83 Duration: 4 weeks


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