Steel Authority of India Limited (SAIL) is one of the largest steel-making companies in India
Technically it is forming inverse Head and shoulder
Breakout is above 90.50
Target 94/98/104
SL 83
Can add once breakout above 90.50 and some near retest level of 88
Fundamentally
Debt to equity is below 1
Trading below book value ( BV is 131 )
Industry PE is at 12 where stock PE is near 8
Market cap of company is 36741 where total sales is near 106841 ( as per the data I follow )
And Major thing is Whole metal sector is performing
Technically it is forming inverse Head and shoulder
Breakout is above 90.50
Target 94/98/104
SL 83
Can add once breakout above 90.50 and some near retest level of 88
Fundamentally
Debt to equity is below 1
Trading below book value ( BV is 131 )
Industry PE is at 12 where stock PE is near 8
Market cap of company is 36741 where total sales is near 106841 ( as per the data I follow )
And Major thing is Whole metal sector is performing
Note
Almost 101
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.