SAIL - If I say Sail can do 65-70 in worst case how many hearts will break? 🤪

105 is key, Bulls might defend for the time being. Once they fail during any downtrend Boy Bulls will be in serious trouble.

First targets 90-95 and worst case 65-70 (This i wil review later) https://t.co/RYaMwRQb7e

More from Shivaji Vitthalrao🇮🇳

BEML

1. Stock is consolidating in the band 100-120 on lower side & 1900-1950 on upper side.

2. CMP 1344 1st targets 1850-1950

3. Medium term targets 2400-2500

4. Long term taregts 3500 first and then 8,000-10,000 in next 4-5 yrs

5. This is going to be 15-16 years breakout https://t.co/BXMv5GjsGW


6. Stock hits high 160-175 in 1995 & 1997

7. went into down trend, consolidated for 3 yrs 1999-2002

8. Gave breakout above 34 hinting at major shift in Feb 2002

9. Gave 1st multi year breakout in Oct 2003 above 160-175 which was failed

10. Next attempt in Sep 2004 crossed 175


11. Above 1995-1997 highs (160-175) stock went on to become 10x in a matter of 20-22 months

12. CMP 1344 Multi year breakout will trigger above 1950 on weekly closing basis

13. Will be watching 1st breakout above 1950

14. SL 1260/1100 depends on risk of the trader or investor
#Nifty -- Going good so far forming triangle as expected.

Till it breakouts expect pendulum swings within this structure.

I am positive for 19300-20000 above 18350.

Bottoms 16800-17000 in place and 200dema at 16600. Dont see any big cut. @moneyworks4u_fa https://t.co/lceGFlDyRM

More from Sail

Sail:

Views are for educational purpose.

Riding from levels of 47 (Refer old tweet, tagged)

Impulse wave cycle + subs, completed and now waves adjusted.

This major wave 5 will only unfold, once it gives a closing above 153 levels on a weekly basis.

Pic 1 is for investors https://t.co/d4xtiRI45j


Another condition (refer 2nd image) is formation of a pennant (giving a sneak peak for a BO, closing awaited).
This is for short term / positional players

OI data is skewed because of expiry & will be misleading currently.

DYOR for opportunities

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