Sunday, March 31, 2013

Steel Authority Of India Ltd. (SAIL)-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook,Hot Stocks/Picks


SAIL Closes  at  `62.55  with a Gain of +2.50% on 28 April 2013 with formation of  a  Bullish Engulfing  Candle on Daily  Price Chart with Huge Delivery Volume .Technically,  SAIL is Looking Strong on Daily Charts. Major Momentum Indicators Like RSI & Schaff Trend Cycle are  Showing Strengths on Daily Price Chart.
We Recommend to BUY / SELL / ACCUMULATE: SAIL  at CMP                   
Target : `75.53/90                 
Stop: Loss :`260.75                
Time Frame: 5-15 Trading Days

Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use   Ami Broker   Charting Software (V-5.63),     Pattern Explorer (V-4.25)&   AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Tel : +91 80171 98633 Or SMS:  +91 880 2230 836.

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