Steel Authority of India Limited
Long
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Cup and handle pattern in SAIL

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Cup and handle breakout has been given in SAIL along with rise in volumes. Can initiate longs. It also seems that the Nifty Metal will outperform Nifty50 index. Be invested in the stock for medium to long term. In the short term, the stock should soon clear the level of Rs.80 after which the stock will further give a good upmove.
Note
The stock has given amazing return. Hope you all made good profits.

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